@Jake Williams I'd say dive into wholesaling, study to understand that exit strategy and find places near you to connect with other investors to network and learn your market.

There is a wealth of info on here, you just have to dive in!

Let me know if anyone has any advice about investing in a rent controlled area before I dive in head first. 

Definitely do a deeper dive on those taxes.

Or come enjoy your own house during the summer - it's really not bad here with a good air conditioner and a diving pool!

And if you want to really dive into it, how many new homes are being built?

Are their specific topics I should be diving into?

@Robert CollinsLet look at the dataRents have increases steadily Population is trending upwards as well And household income has shot up in recent years, while also being above the median for the stateAll and all it seems like Fayetteville Ga is growing and worth taking a deeper look intoThe data above comes from the US American Community Survey Hope this helps! 

Otherwise, you could be digging yourself an even deeper hole by moving the goal posts in order to make a nonviable deal "work".I'd still very much consider moving on from this property barring a significantly lower purchase price and/or the ability to increase rents as you've proposed, but you would have to be absolutely certain that it's feasible.

No storage - not even in the attic, because the blown-in insulation is deeper than the joists.