I’m actually looking at a quadplex that is very strategically situated and could have incredible potential but we need a lot more info. 

You want an accountant that can help you strategize and who is responsive when you want to know the tax consequences of the decisions you are making throughout the year.Good luck and let me know if you have any questions.

I feel like the latter is the best way, especially if I'm not super interested in the flipping aspect for anything other than just capital creation.

@Mike Wadsley Was it mainly the affordability aspect that drove you to invest in Knoxville? 

Appraisers are supposed to look at location, configuration, size, condition, style and then after all of that is done, then they can get super picky with aspects pertaining to lot location, lot size, or uniqueness of the property or whatnot, such as the floor plan.

As for TX I believe they are more landlord friendly so it makes life easier in that aspect but overall you can't go wrong!

Feel free to visit our website strategic-conversions.com and let me know what you think.

This aspect also makes it hard to price a unit.

Finding a deal is only one aspect of the transaction.

1) Rich Dad Poor Dad (almost every investor started with this one)2) The Book on Managing Rental Properties by Brandon Turner (This book was pivotal after my initial purchase, it has made and saved me more money than any other book)3) Set For Life by Scott Trench (provides you with a detailed description of how to create your "financial runway", I have tried to model my investing career off of this book.)4) BRRRR by David Greene (provides detailed description of how to use the 2nd best strategy in Real Estate (house hacking is #1))5) Long Distance Real Estate Investing by David Greene (Provides detail description of how to invest in Real Estate if you live in an expensive Market6) The 10x Rule by Grant Cardone (mindset/motivational)7) The Book on Estimating Rehab Costs by Jay Scott (provides detailed description on handling what I find the most difficult aspect of REI)That is my rank order for the most influential books that I have read.