Well it can in my area considering 3 bedroom rentals start at 1500 a month.  

I'm thinking I can later cash-out refinance into a loan (possibly a VA loan) to finance another deal and wrap the new mortgage so as to keep the installment payments in place and avoid hitting my retiring family member with a big fat tax bill. 

The geography is much different than So Cal and as others have mentioned you really can't parse out areas by zip code like you can in LA.I think you need to work backward in your investment purchase and know that the rental sweet spot last year was $1500/mo and in the past 6 months has grown to $1700/mo.

And it's fair, it's a very minute thing and a complete fat tails scenario.

My hope is that all the soccer moms (and dads) go out of business and I can get their 6 deals a year too.For everyone that goes out of business someone replaces them.. its takes a big fat economic recession to winnow the licensed agent pool. 

Even now, I can't afford to flip in Manhattan, but I can in NJ and Long Island.

Get all the self-education you can in all areas of real estate as it will be a real benefit for you.

If it was ripped like the one in the pic, no wonder why it didn't taste tender enough - too much muscle and not enough fat. 

Continue to work my bookkeeping business as a side hustle , while learning as much as I can in real estate investing.

In the meantime, I'm trying to learn everything I can in order to hit the ground running and be as successful as possible.Hoping to make some connections in or near SC with other investors, wholesalers, investor-friendly agents, et cetera.