I don't know a ton about the CLE market but I do know that @Marc Rice is spot on, the neighborhood is crucial.

OP- If you guys plan on having a family, or even health insurance for yourselves, I’d plan on way more than $4k/month if you want to eat more than rice and beans.

@Marc Rice would that be considered wholesaling?

@Jordan Moorhead@Denise Brown-PuryearMy experiences have been very similiar to Denise's experience.We also would have experienced a large rent and value appreciation, depending on which neighborhood we owned our investments.Several of my properties trippled in Value and one increased 7 TIMES the value that I had bought it.I would like to comment based upon a REAL example.Year: 2000Area: Windsor Terrace, Brooklyn, NYPurchase Price: $140kInvestment: $28k ($21k down, $7k Closing)Renovations: $50kRent: 2 apts at $500 per monthCurrent Year: 2017Current Value: $1 Million (Conservatively)Current Rents: $1,900 per monthIn terms of the topic and this is just MY strategy, renting to low income, my preference is:1) I don't invest in Low Income Rentals unless I fully can anticipate the rentals to move up.

@Mitch Rice LOL, with that scope, nobody will accept the price, $2/sf only covers repainting, no prep work, so removing, skimming, ceiling, cabinets are of different price.

I thought someone would surely say North Temple Terrace around the USF area...

If Romney had chosen Condoleeza Rice or General Petraeus, I would have a much more difficult time voting for him.Yesterday, the subject of Paul Ryan came up.

Doron Rice !!!

Get a 3rd job, live on beans and rice.

I would say look at several zip codes, in the areas I mentioned for future growth, and look in the zip codes in areas of Ybor City, East Tampa, and Temple Terrace for gentrification growth.