Do you need all this for a couple of rentals?

If your satisfied with breaking even +/- a couple hundred dollars I think we can certainly find you something in this area but of course your cash flow numbers depend highly on your loan type, interest rate, and percent down. 

Due to his background, he is very risk adverse, so he continues to float in the areas where they is little to no risk: study more, attend a meet-up, post on forums.So what can you do?  

About 2 years ago I decided to become a licensed real estate agent in Michigan and have had a fairly successful first couple years doing that full/part time.  

A couple of thoughts specific to condo investing:1) Be sure to include the condo fees into your cashflow analysis, and budget for potential assessments as projected capital expenses2) Make sure the condo association is solvent - a good litmus test is whether or not the units are approved for FHA financing3) Make sure the condo association rules/regs allow for rentalsGood luck!

I'm in Memphis so I'd like my first couple to be local while I learn the ropes, but I'm down to buy anywhere.

A matter of fact, I had one a decade ago, a full IRS field audit, and passed owing $0.Eventually I want to have a couple hundred properties, and more installment sales.

A couple hours after I approved their application, another person that actually does qualify and has all funds available now applied.

@Amyson VarugheseI'm a property manager in Pierce and Thurston county.If you're in Tacoma city limits you cannot evict during the school year if their kids attend, or if their work is affiliated to the school system.I use Joshua Dabling for evictions.

I have had a couple of estimates to complete this work and it ranges anywhere from 40k to 75k.