To very much simplify it, why go back and buy little green houses when the ultimate goal is cash flow from a lot of red apartment buildings?  

Following the sage wisdom of David Greene, our plan is to establish a "Core 4" team in a few different markets and develop those into profitable business relationships.As we've just started on this path, any advice is welcome, and anyone interested in working with motivated fledgling investors, please feel free to reach out!

Also remember, depending on your threshold, the further from LA you get, the farther your money will go, but also your commute.To start your education, I would recommend Long Distance Real Estate Investing, by David Greene - it's not the most concisely written book, but it would certainly give you a look into what it takes to be successful at it.As for me - Since I moved to LA a year ago, I have realized that the cash flow game isn't one that I feel I can do successfully and I'll continue to buy MF's back in MA in a market I know better.Good luck and feel free to PM me if you have any questions!

For someone green, a project like this would be filled with landmines and booby traps.Also, I can show you some properties for sale for $500 that are a bad deal at that price. 

I usually try to get as much info from each institution as possible before I let them run it so I am 99% sure I'll be approved before I give them the green light but this creates a bunch of extra work on my end.

I'm from and still work in Columbia County, moved across the river to Greene County a few years ago.

Yes, it’s in Green/North Canton.

Given that your areas of interest are not local, I would also recommend reading David Greene's book Long Distance Real Estate Investing. 

After reading David Green's book on Long Distance investing, I think I will need to do out of state investing as my current , and possible future market (Washington DC and Denver), are overpriced and not conducive to cash flowing properties.

I would love to get in the market and rent in the uptown area to college students I’m still very green at all of this.