I'm not a whole saler myself but I deal with a couple of them and the biggest issue I always run into is they either don't know the neighborhood, arv, or the cost of estimating rehabs. 

An article in the Tennessean talks about the rankings and trends in Nashville.

John, I’m on  the north side of the city...the neighborhood is called Irving Park.

I am not familiar with the area in terms of neighborhoods and was hoping to get some insight into which areas are safest to live in and ideal for purchasing rental property.

You can find some good properties between 60-80K in class B/C neighborhoods.

You have to have a really great deal to find something in a good neighborhood and then you make a profit, your subs, the PM, the placement, etc... 

My only advice is to know what kind of property and neighborhood you're getting in to for $60K.

Once the problem is solved, you can unscrew/unboard and go on as normal if this is a tenant issue or keep that way if it's a neighborhood issue.

I have about 250k in a SEP IRA and a friend who is a builder who wants to invest in urban neighborhoods where millenials want to live...but banks are afraid of. 

Hi i am new to investing and im reaching out for help analyzing a deal im looking into, it would be my first deal if i don't count the home i live on and i would use down money from a heloc on my home... here's the details: its two separate houses, one is $32000  1800sq ft 4 bed 2 bath currently has a $550 rental income tenant and theyre both appraised at $39500. the other is being sold for $29995 its 1212 sq ft appraised at $39500 also and has a 475 rental income they are in a neighborhood were homes around it have sold for around $70000... i would maybe use a fha loan at around 5% interest and i would also get a heloc on my first home to cover the down money... they need basic interior renovations but have newer hvac and roofs any feedback is appreciated thanks