We own SFHs in Columbia SC and like that market.

Last year, I purchased a SFH under market at 7.65% interest rate and did some rehab to up the value.

@Shane Regnier I've flipped a bunch of houses in Ocala but have yet to dabble in the rental market. 

To make the strategy successful, you need to find a property that can be acquired below market value.

So the idea of doing this all from afar is a bit daunting, however, I know the most important thing here will be to create a great team and outsource as much as possible.I have set my sights on a couple of different markets being in the Southeast and the Midwest; these markets seem to provide the cash flow I am initially interested in generating to value add to the properties I purchase.

However; the real estate market here hasn't stopped at all, and it's blazing.

Most on-market deals will likely not fit your investment criteria unless you allocate a substantial downpayment, often at least 30%-35%, or negotiate a price reduction that fits your requirements.Furthermore, while this is not the case for all metro ATL markets, my team and I typically see that a solid portion of the small multifamily space is comprised/orientated in neighborhoods of other small multifamily properties.

If you haven't checked the market for homes with "inlaw suites" or whatever your market equivalent is that can be a way to get it done as well. 

You should start with a focus on a 2 unit multifamily property in a market that you can afford to get into. 

Plus, you already know the market, which gives you an edge.