I'm not sure if you're looking at a pure investment or a place you can use for yourself.

I would never rely purely on a wholesalers numbers but do your own.

That way you know how much you'll be paying when you live there and what the potential cash flow will be once you move out and convert it to a pure investment property.One mistake people often make is not figuring for management or the total amount of repairs / CapEx.

If you are viewing this purely by the numbers, then house hacking in Atlanta would likely be the top choice to go with since you would jump start your investing career while mitigating your living expenses by having tenants pay your mortgage if you find the right property.

I can only hope that this is your Road to Damascus moment and that from now on you will forsake the evil ways of Velocity Banking for the good news of simple, pure, principle repayment. 

This friend had the joy and pleasure of closing on a duplex 1 week before the bottom fell-out.

I would love any feedback or additional creative ideas of what to do or how to start my launch, so I'm not immediately entrapped in building someone else's wealth through purely renting and living paycheck to paycheck. 

Purely by accident How did you finance this deal?

Depending on what your goals are (owning a second home, pure investment only etc), we look for true vacation rental markets where the rules and regulations are already defined.

It appears that the majority of lenders are now looking to originate pure conforming loans which they know can be sold off.