On my own, I'll probably overlook a lot of things since I'm a newbie.So far, I virtually drove around the neighborhood on Google, looked at 3rd party real estate sites (Zillow, etc), and drove by three properties in the area.

@Curt SmithRef: (10) above, what are the first three words?

I think before housing can truly take off something has to be done about the following three issues affecting millennials.  1) Large amounts of student debt.  

The Final Tangible Property Regulations and the three safe harbors and BAR test that comes with them4.

@Alex Chin thanks Alex The FHA closing are three parts for 210k it's about 3200 closing and probably 1300-3000 in impounds/prepaids/tax/ins/interest etc 

To become a CPM in residential property in California you need to have three years experiences at managing 300 units at one site, 200 units at 2-4 sites, and 100 units at five or more sites. 

"Three factors drive Houston's economy - the price of oil, the value of the dollar, and the health of the U.S. economy.

It would be a three story walk up no elevator.

Of course, the first three I bought during the down turn do the best but these others would still be making me money.

Once it's rehabbed, it could sell for twice or three times it's purchase price.