What trends are local real estate investors in the Greater Nashville area currently seeing or interested in?

For example, you might leave $10,000–$25,000 in the deal, end up with a $3,000 monthly payment, and only collect $3,000 (or slightly less) in rent.This applies to my local market and primarily to Class B or higher real estate.You’re better off finding a solid property that needs only light cosmetic work (e.g., paint, flooring, or perhaps a kitchen or bathroom remodel), buying it at a decent discount, and putting down at least 25%.

Unfortunately, every state and every locality has different laws and what works in one location doesn't always work in others, so you have to be very careful about the 'free' advice that is given in online forums. 

If things get tricky, consulting a local attorney experienced in landlord-tenant issues can help you handle the situation properly.

Your best bet would be to connect with local operators and ask them.

Once the time is right, with enough research, I would jump into a market (hopefully local if affordable) and get started.

However, I would encourage you to Network work local real estate clubs in the PA/NJ area to help identify your target market and ideal investment for your first property.

I’m also an active member of the local landlord association in Joliet (JRLA), which has been a great resource for networking and education.

Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.

This is a great area with plenty of opportunities to grow as an investor.Feel free to reach out if you ever want to chat about deals, strategies, or just connect with other local investors.