Again, welcome and the best things in life are hobbies that generate a profit.

This will generate two separate transactions:A to B (Your Seller selling the property to you)B to C (Your Buyer buying the property from you)This way your buyer will not know how much you got the property under contract for, and the seller or buyer will not know how much you are making on the transaction. 

I do not know about the specific area mentioned here other than the news stories.What I do know from talking with lots of investors is that the cold and rust belt states except for urban core in a lot of instances are dying off.I see many retail centers going dark, home values falling, older generations are migrating away to warmer climate states.I am sure there are some absolute gem areas in the colder climate states with pockets to invest in.

Hi @Alan Lambkin glad to know that the Worcester multis are viable and can generate income.

Over time, I've proven to my lender that I know what deals to work and how I will go about generating cash flow from a rental.  

I'd look at 4-plexes as well - same type of loan and you get one more income-generating unit. 

My plan is to buy enough rental properties in the Midcity area of Baton Rouge to generate enough cashflow to be able to quit my job and try my hand at flipping. 

In this case a certified copy will be in the surveyor/assessor/P&Z office and they can give you a certified copy for a fee, part of the income generation set up in many areas requiring something that only another office in the county can provide.

That said, that's still a pretty good deal given that you'll be generating about 20-30% COC on the deal.

Your management costs are greater (25-50%) if you have it managed, And your window for income generation is often seasonal.