If people want an area to build with understanding day 1 may not cash flow but in 10 years you will be in a really good spot the area I believe is perfect for that.

After they renovate, they sell it to Doorvest clients (people like me) for ~150K-170K.

Not enough people to generate the demand to sell enough houses for that size property and not enough people for a factory or something to come to because they wouldn't be able to get enough employees from the surrounding areas.Is that a good hunting area?

Make sure you spend a lot of time reading, learning, and meeting people before making the first investment.

However, if you spend time on other investing forums (outside of real estate) you will see there are lots of ways people are capitalizing during this time.

That being said, if I could do it all over again I wouldn't change anything because I learned more about real estate investing and property management over the past several years from that deal alone than most people will learn in a lifetime.

I recommend people doing a side gig on what they specialize in.I am an accountant and when I worked within large public accounting firms, I had a side gig of bieng an accountant.I had a salary with my employer so regardless of how much more hours I put with them, i would be paid the same. 

Of you can relocate and house hack, I highly recommend that so you give up less cash upfront.Good job not spending your stack on some bad *** pick em up truck or other nonsense young people would otherwise spend it on! 

Having two people paying rent, but only one living in the house is not ideal unless both understand clearly they are liable. 

I get a lot of people who start off with the idea of JC becuase of how close it is to NYC.