You need a repair partner who can get out immediately and has quick access to replacement parts (if not already in stock). 

This is usually a 12 month commitment that is "Interest Only" and after you finish the rehab and get a tenant, then you refinance into a DSCR loan.

Quote from @Samuel Diouf: I'd say house-hacking is one of the best ways to get into real estate investing.

I was thinking of starting a rent increase for my 1 bedroom tenant voucher due it being low and well under fair market value(Based on  hud and zip code) but my tenant is in the process of having a caretaker for her disability and getting approved for a two bedroom voucher.

For a smaller piece like that, not sure how creative you can get, but it all depends on what it's zoning is, access, proximity to other things, etc.  

I have an opportunity to invest in Little Rock, AR and wanted to get opinions on the area.

We're getting nailed in auto insurance too.Any ideas why these states?

@Jay Fayz for SFR (1-4 family) Classifications are mostly opinion-based.Not aware of anyone tracking eviction rates, except Evictions Lab nonprofit that doesn't like landlords.Here's some info that might helpt:---------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

I'd love to get my feet on the ground and be in the rooms with people putting in the work and doing deals! 

I would slow down and think about your BUDGET, what you can get for $30k, and how you can increase your income.