East Knoxville is generally low income and high crime.

Building your own excel model & just combing Zillow in whatever market you're looking to purchase/running the numbers and finding accurate comps is a great way to start.In this market, you're going to need to look at a lot of properties before you find one worth it (largely due to low inventory & high mortgage rates).

Are you doing a flip and trying to keep costs as low as possible?

If you want cashflow.. look for markets with low entry prices and higher rent averages.

Look for areas with strong rental demand, low vacancy rates, and proximity to schools, employment centers, and amenities.Future Growth: Check for signs of future development, such as new businesses, infrastructure improvements, or public transportation.

Even if you’re not necessarily looking to buy that specific house, the listing agent is often a good person to talk to since they’re already working with the type of properties you're interested in.One thing to understand about the Detroit market is that, given the low price points of many properties, agents often don’t make very much on these transactions.

Nevada has some good advantages with no state income tax and low property taxes. 

So you need to lock in Low rent at or under $12/sq foot if you want to survive in the coin laundry world.

Most states have relatively low fees.

Given the low purchase price, the financing was straightforward and quick, allowing us to close on the same day we found the deal and sell it immediately for a profit.