BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.

I live in Lexington county and would like to start local if possible.

I fell off the wagon when I saw a bullet point that indicated all second story apartments have an elevator and their suggestion that it was possible to get 1000% Plus Potential Cash-on-Cash return in the 1st Year.Where has SCDC built?

Assumed nothing could possibly go wrong in the next 5 years what you want when you look at an investment property is to know the current rental amounts, specific expense items, and conditions of the building, grounds, and mechanical systems.  

If you can’t do a 1031 to a non-income tax state, figure out a year when you will have lower income and tax rates ar as low as possible.

While it is possible and can be profitable to invest in small properties out of state, I don't think it's worth your time and effort.

It's possible tenants would fill basement with junk and leave it behind when they leave...

I am here to learn as much as possible so I am not wasting peoples time or more importantly their money!

Actually, it is possible do structure a 1031 Exchange on the sale of one or more relinquished properties and then using the proceeds through the 1031 Exchange to construct improvements on real property you already own.

Consider starting small by house hacking a single-family home, renting out rooms, or adding an ADU if possible.