I am at the very beginning stages of trying to plan out how to approach this.

Purchase price: $237,000 Cash invested: $100,000 This property is located in a good school district, within walking distance to an elementary school and with lower taxes than the surrounding townships.

And another advantage of being an Investor/Realtor is that you may hear about deals that call you to list or even within your office that other agents are about to list and will bring to you first to see if you want to buy it.Most Realtors would like the easy route of selling homes to you rather than doing the listing expense of signs, staging, photography and marketing expenses.

I expect the bankruptcy filed has cleared the way for a clean slate and have heard the city is coming back and may be in the early stages of bouncing back.

I am pretty much in the same boat as you, in terms of current stage of the process you are in. 

Locations: Just the baby stages of everything but I am looking into Atlanta and it’s surrounding neighborhoods as well as Cleveland for now.

It sounds elementary, but most investors just plug in a 3% growth rate and call it a day.

We got this :) I'm still in the learning stages right now.

I realize the GND is not well defined at this stage, but I'm wondering if any one knows of a source describing the types of regulations being considered. 

I don't know about AK, but in MA if a buyer's broker shows up at this stage, the listing broker may not recognize the relationship.