I would recommend you look for a good neighborhood to buy a multi family in.

Quote from @Brandon Williams: Investment Info:Large multi-family (5+ units) buy & hold investment.

This sub-market has so many natural family friendly attractions such as Luray Caverns, Shenandoah National Park, Lake Arrowhead, breath taking hikes, endless historic and scenic marvels, and it is just east of the Shenandoah River.

I also hate to be the bearer of bad news but you aren't going to buy a single family home and cash flow and be happy with your investment. why not purchase a new construction duplex or triplex or look to build one directly?

I see in your profile that you may reside in NC, which is not a community property state. 

They have about 20 meetings a month all over central Florida that include great networking opportunities with other investors, trades people and focus groups for REI 101, flipping, woman investors, landlording, multi-family investing and much more.

The rates vary throughout the State because of the different millage rates and tax districts, but in Richland County for instance, the taxes essentially triple once it goes from legal resident to non legal residence. 

Gelbart: We are focusing on a very specific area to buy and hold multi-family rental properties.

*Strong Economy – Phoenix is sustaining a healthy housing market, with thriving sectors like technology, healthcare, and finance continuously recruiting new residents and providing them with job opportunities.

That price for a cost segregation study is on the high end for a single family home 3.