If you have a thought of acquiring more properties within a 100 mile radius you need to go FHA or FHA203K ;loan first.     

Since you're new to the area, you might not be aware that Brevard is about 70 miles tall.

I spent about 18 months listening to BiggerPockets, attending REIA meetings, reading REI books, and making offers all over the southeast before stumbling across a 3BR house in Columbia listed for $130k that I knew from Apartments.com was renting for $1,700/mo.

It was listed on market and I set up a showing right away, built some rapport with the listing agent telling her I owned 3 duplexes within a mile or two and that I prioritize being straight forward/easy to work with, and prefer not to negotiate over ticky tack items on an inspection since I’d be remodeling it regardless.

Mile IQ for mileage Receipt Bank for keeping track of receipts QBO for actual accounting 

Location: San Francisco Bay Area (Daly City, CA)Type: SFRFeatures: Short walk to public transportation, < 15 minutes driving to anywhere in San Francisco, 1 mile to state universityPurchase year: 2014Added Value: Remodel $150 - $200k (Construction to add 2 legal bedrooms, bathroom, approx 600sqft living space, backyard hardscape, upstairs complete redesign, new kitchen, bathroom, electrical, plumbing, sewer lateral, water main)Length of time for construction: 11 months (and going)Mortgage: $917k (from initial $575k investment)Goal: Short-term rental home in zones while living here when vacant.Issue: Neighbors unanimously reported a building code violation, resulting in a complete halt to construction and rental / booking process.

Just today I came across this gem: https://www.redfin.com/TX/Dallas/4638-San-Jacinto-St-75204/home/30793354 Something like this scares me, but I'd still like to hear thoughts about it.Pros: - Great Location: Less than a mile north you've got two separate roads (Henderson Ave and Greenville Ave).

But seriously, I am the only real estate investor within 50 miles of my zip code who has a PRO membership here on BP.BP is a big deal, so that made me feel pretty darn good about myself!

When you find a market "that tells you to invest there", then learn about that market like it was in your backyard.My personal pick, would be southeast Michigan...but that's from experience...and I'm a little bias.Keep this thought in mind:  You don't pick the market, the market picks you.

Assuming the same specs, a roof in the Austin area is going to cost you the same amount whether you are putting it on a 80k rehab 30 miles out or a 300k SFH just south of the river.