Ots either on a sloping piece of land or in a flood zone.

One more piece of advice when dealing with older sellers, ask for a family member (best) or her attorney to be present and explain everything to both.

@Martin Guerrero although you can (and often should) bring a GC with you (esp. if you plan to do a rehab), if you want to become a successful RE investor, you should make it a goal to become proficient at evaluating properties (meaning: evaluating problems with the property, likely costs to remediate problems, potential value add opportunities & associated costs, etc.).Ultimately, you want to become almost as good (or maybe even better) at evaluating properties as a GC and inspector.   ...Once you get to that level, you become an invaluable piece of your due diligence process, and your due diligence process involves three experienced pros (you, your GC, AND your inspector--which is much better than just a GC and inspector).  ...at that point, your due diligence process is multi-faceted and very robust (which is critical to success in RE investing)....you can make your due diligence process even more robust by adding an agent who is highly experienced in property rehabs, RE investing, and who understands how to evaluate properties.Good luck out there!

That was a missing piece I was looking for.

If you have the chops (sales/marketing/business acumen) to make it in this industry in this time, you will find good times to be a cakewalk.If you're passionate about real estate financing, no better place to learn than mortgage business since half of the investing game is financing and a good mortgage broker/lender might just be one of the most vital pieces, if not the most vital

Plus the money you save on rent and the piece of mind that a landlord can't increase your rent.Along with the advice others gave you to look off market you'll find the right house.

Other markets have more because they HAVE to put multiple units on a piece of land because land is so expensive. 

Ya see this is not simply an opinion piece, I've got the data to back it up.As for the Agents in the equation.

Being a profit, this money is taxable.However, for apartment syndications, there are five pieces of tax information that the syndicator and the passive investor need to understand in order to determine the tax advantages of investing.Depreciation BenefitsPassive investors won’t pay taxes on their monthly, quarterly, or annual distributions during the hold period.

This works really well in many markets with some creativity.The biggest piece of advice I have is to just get started.