Specialty is in foreign national financing so I'd be happy to provide insight and run some numbers for you once you've narrowed down your options.

Have you and your wife narrowed down what type of investing route you'd like to begin with? 

I like the maps on Redfin/Zillow/Realtor.com to see where the property is and what is for sale (and use the quick filters to narrow down a price range).

Now I'm selling using word of mouth as there is a network of investors friends/family are spreading the word to.

Are you trying to narrow down the perfect property type for your first coliving investment?

The larger the purchase price the greater the spread you need between purchase price plus holding costs plus rehab cost and ARV.  40k projected profit on a 600k project is too skinny for me. 

Majority of South Philly-Newbold (19146/45), Point Breeze (19146/45), Wharton/ Dickinson Narrows (19147/48)Brewerytown (19121)True Temple - 11th to 19th, Cecil B Moore to Diamond, most investors may be stuck on Broad-18th(19121/19122) West Oak Lane Closer to Cheltenham Ave (19126)Port Richmond SE of Aramingo, SW of Allegheny Ave (19134)East Kenzo (19125)/Old Kenzo (1923)/Norris Square (19123/33)W Mt.

For fix-and-flips, you should focus on Atlanta neighborhoods with strong demand and a good spread between distressed properties and ARVs.

I would introduce yourself to the parents (really all of the neighbors, it is a good thing).The parents will help keep the kid on the straight and narrow plus it helps show that you are a responsible STR owner working within the community.

Of course, all channels can work.. it’s just that certain ones might be better for your situatoin right now.Since your Charlotte mortgage is higher, renting by the room can spread that burden across multiple renters.