Only the most desperate renters would probably agree to live there so the price of the property would have to be dirt cheap and cost you as little money as possible in the rehab to make it worth the effort.Your gambling that the surrounding area will be gentrified in the next few years and increase the property values.If this was in Southern California I would say yes absolutely but,the ATL may be a little harder to wait for unless the population booms there in the next 5 years.

Also, desperately would like to meet other investors by going to local meet ups. 

I am desperate to find a solution, and I know that is when people make mistakes.

Yellow letters appeal to the motivated and desperate.  

***In Philadelphia, PA, a friend of mine introduced me to a woman who was,  56 years old, and is in desperate need in moving out of her state.

I'd love to turn the condo equity I never expected to have when I bought off a desperate sponsor in 2009 into a steady income stream, but don't have the time to be a full time landlord.  

Having all cash should give you a great opportunity to buy at significant discounts from motivated/desperate Sellers, but, will still require you to be CAREFUL with your due diligence, because once it's spent, it's spent!

I mean, she has no idea what condition the interior is in, but is desperate to sell. 

I am sorry, but I feel this is truly a service to those who are desperate to not ruin credit or who can not manage costs of repairs etc etc....  

Also sometimes the seller is desperate for cash for some reason.Say you work on all the expenses and come up to an NOI of $37.5 but your criteria tells you that you only want 8 caps or better.