That may be a 4 plex or 8 plex, but you could use that as a starting point, then do a future 1031 exchange into a larger property.Some people think that you need to go big to make money, but there are many factors in how profitable you become.

The best tip I have:  drive for dollars around each pre foreclosure house, door knock the rough looking houses around these houses. 

The address is 5079 Farm Valley drive, Woodstock, GA 30188.Do you have a good AC contractor to refer?

It could have somewhat of a factor when getting insurance.

Our above gentleman are absolutely correct in what they’re saying, but nothing beats driving through and laying eyes on the neighborhood just in case it’s one of those hidden gems.

When you factor in the cost of the MI premium at initial closing when you purchase, plus the closing costs you'll have to roll in again to refi out of it (or pay out of pocket), I think it's more cost effective to go conventional.

I see you are from NY but surely there are opportunities that cash flow within a 1 hour drive?

Are there state/local legal factors in place that could preclude me from successfully practicing wholesaling in the area? 

The numbers are important but you have a look at all the factors especially the market and lending side of the equation.

Fans break, gates allow people to drive in maybe where you dont want that.