Hopefully I will have "cautiously" grown a property portfolio to show you.Thanks again for the advice.

You might consider being cautious about giving up your high paying W-2 job before you have a large rental portfolio that replaces your income.

@Dean Klein, there are several comments on here encouraging you to be cautious, because it sounds too good to be true.

For all of these reasons and the reasons listed above by other posters, be cautious and do not provide your personal and banking information through email, fax or over the phone at this juncture.

I would also be cautious ordering an appraisal after buying way below market and fixing up the property depending how many comps you have and how high those comps are selling and their time on market prior to entering contract (momentum of the market).

And/or call a property management company in Jax and ask them about their experience with the neighborhood--how well properties rent, quality of tenants, etc.I'd be a bit cautious about buying my first property in a C- neighborhood, only because the chance for big headaches could be higher, which might put you off RE all together.Hope that this helps and good luck!

If you run into lenders (or any other businesses) who advertise different terms than they offer you should be very cautious of doing business with them.

It's economy is heavily impacted by oil, so I'd be cautious about investing in this market in the near future. 

I would agree with you that I'd proceed cautiously right now with rentals.

I think most landlords are cautious of simply emailing their lease templates.