I haven't had enough exposure to that market so it may not be a viable source of experience.I can definitely appreciate your insights on not jumping into low income areas.

I appreciate your insight.

Any insight with these first property questions would be very much appreciated.

They will cashflow about $1000/mo and I should gain about $70k+ in instant equity.I'm new to this stuff so I need your insight.

I'm definitely not for sure ANYONE feel free to reply with any insight you might have on this type of market, am I on the right track???

I wanted to update everyone and thank them for their insight. 

If it truly is an investment property could you do a 1031 exchange to defer capital gains and have even more cash in hand for a down payment on a multi-family?

How big of a concern is the “step transaction doctrine” (assuming one refis close to the exchange)?

Not aware of anything similar law/regulation concerning internet service.Any insights would be appreciated.

The best thing you'll get from some of the intros is a few useful materials that will whet your appetite for more information.Your money might be better spent if you can partner with a mentor or coach who can walk you through your first deals in exchange for a fee.