@William Green Jacksonville is a great market and there are still plenty of opportunities but more importantly do you have a focus or a game plan and what kind of properties you are looking for?

Fyi, we have plenty of savings and emergency funds.

We have been finding luck picking up property just outside Chattanooga and there seems to be plenty of demand to rent it. 

There are plenty of houses out there right now that can potentially work for you.  

Plenty of options out there.

Plenty of opportunity out there in the market as long as you are clear about your strategy and how you will execute! 

It's happened to me and I've seen plenty of field reviews (reviews on other appraisers work) that show this.

Specifically if a given property has updated systems and is held for a shorter period, the Cap Ex budgeted would be lower than a long-term hold with dated plumbing, electrical and requiring a new roof.Better to over estimate and have plenty of reserves just in case instead of the alternative.

Where I live there is a good bit of raw land for sale right now and plenty of buyers.

Looking at anywhere from 20-27% management fees + some other costs, so if you're doing it all yourself and offer the renters an attractive and affordable space, then you're going to see plenty of ADR and cash flow.