It's busy season right now in the Smokies - your losses will be significantly higher when the beginning of next year rolls around. 

Once you can properly analyze a t12 and rent roll, then plugging it into a tool will help you spot opportunity.Gino

If you are going out-of-state, I would get a single-family to start as a test, or at worst, a two-family.

Much needed relief ...Austin-Bergstrom International Airport is rolling out a new multimillion dollar expansion plan, the largest expansion in its history.AUS is poised to nearly double in size with the expansion, which is part of the Journey with AUS program.

Just have to roll with the punches.

-> Stress-test rehab/vacancy/hold time.3) Your profit is made at purchase. 

I am ready to get the ball rolling on the road to financial freedom.

Some of the properties that I have received rent rolls for seem to be very under market rented but it also seems a lower income area?

If you're concerned about tax liability, a **1031 exchange** could allow you to defer capital gains taxes if you roll the proceeds into another like-kind property (such as a larger SFH or multifamily property).

What lists are you targeting plays a large roll also.