It would be a career killer for you to jump out, buy your first property, and get a dumpy tenant, or buy wrong and end up paying for people to live in it (I know people like this), so take your time, educate yourself, and save up for the right opportunity so when that happens you are ready to rock it.

Pet rocks and cabbage patch dolls flew off the shelves too.

My roommate was Mike D. for a while, I think you guys played in a band.  

Painting in/out, some floor refinishing, sheet rock repair and general clean up.

Thanks for sharing @Devan Mcclish My recommendation on the rehab would be to go for option B and do the full rehab.

I'm looking for a few subs in Little Rock, AR.

14 years old and you are already rocking it.

or just have them list and sell it.. sub too Is extremely dangerous to the seller if the buyer defaults and their is a tenant in the property.. they are truly in a rock and a hard spot @Mitch Messer  excellent advice by Mitch

BP rocks! 

So, Memphis is #1 to me but I do know that Kansas City, Dallas and Little Rock are excellent return cities as well!