Thank you,Rich

Hopefully we can get the occupancy up fairly quickly, as I will definitely be worried about that until we're in the mid 80's or so.   

The area is coming around quick, but I would be more inclined to buy/hold then flip in 2-3 years when the neighborhood has more of the amenities that attract homeowners as opposed to renters.Just my 2cents.

Behind on payments and they need cash quick? 

Do you think wholesaling properties would be a good segway into real estate investing, due to its quickness to raise funds and the knowledge I'll pick up? 

Nathan Emmert thanks for the quick response!

But lets do some quick math and assume that Zillow is correct10 units @ $695 gives you $6,950/month.  

Quick Tip: If you haven't already, I'd look into some PM software to make your accounting/management life easier.  

@Andrew Michael  your are exactly correct the PUMP and DUMP due DILIGENCE schemes are rampant on sites like this.think about it  is there a more target rich environment for scammers than BP a site that is loaded with first time folks who even make post that they are first timers and new investors .. what is a very innocent post turns out to be a lead for a scammer...

So I suggest looking at the foreclosure lists in the areas your looking to invest and be quick to offer.