I assume if one wanted to 1031 for "rinse and repeat" you'd also be game for that as well. 

@Karolina Powell Just some high level thoughtsDeal #1:This is probably something I would only be interested in if there's equity to be had right off the bat or soonish.

And the favor is please mark me in your system as do not call.My wife has started doing the same and it works for her as well. 

But since you are new and learning, don't decide on what it has to be.

Saul, Phoenix and Vegas are popular markets, but I’m not sure they’ll actually cash flow well with today’s prices and interest rates.

in my mind if your just talking 1 to 4 units  those should be able to be vetted in your head or on the back of a napkin in about 30 seconds..

Also, which geography would be easiest to start with?

It would be a great opportunity to extend out to some real estate professionals.

We bought a 55-unit last year in the same market, a market we've been investing in for seven years.How we found itOur property manager brought us this opportunity (and the three previous as well).

A well-structured deal with a clear exit strategy can be just as valuable as a full rehab.