Those are great areas with solid potential.

I'm really excited about the potential of investing in residential multifamily properties with my dad, who's willing to contribute the initial funds.We're currently working on getting our financial house in order, paying off debt, and building a solid nest egg.

The schools in the area are really solid as well.

Double-check the ARV by comparing recent comps in the area to make sure the numbers add up.Run your numbers again with all costs (purchase, rehab, holding, and resale) to confirm the margins are solid.

Smoky Mountains seems to be a solid choice but I wonder about oversaturation and competition in that area?  

Austin is not a great cash flow market currently, but has proven to have solid long-term appreciation.

Instead, build a solid bench of 3rd party vendors; HVAC, plumber, handyman, etc..When considering whether or not to make a hire, most of it depends on how many hours you can dedicate to that individual each week, at least when hiring a maintenance tech.

The building is 100 years old, but solid with regular maintenance and updates.

@Dennis Bragg this was solid advice.

@Alec Barnes As the owner of a property management company in Texas, I completely agree that a solid screening process is essential for placing quality tenants.