If you do buy and hold try to find an area that's not rapidly developing.

Over the weekend a motivated seller found my name via google (I assume my BP profile came up) and wanted me to help them get out of their condo in Cedar Rapids, Iowa.  

But buyer's expect houses to maintain their values or even rapidly appreciation.

I have no turnkey providers that I have used to accumulate these properties and have $160,000.00 cash flow and pushing rents and increasing NOI rapidly and Cash Flow too.  

I am hoping to get into my first investment and rapidly grow my portfolio, perhaps even start an REI company.

Do rehab on house and bring it up to level of rapidly rising neighborhood.

With the rapid increase in rental rates in the last couple years, California is cash flowing well too.

My Mom has always has rental properties in the city of Grand Rapids growing up, I thought she had the craziest story when she told me that one of her properties one time my step-dad pulled up to it to check on it, and the whole GARAGE door was stolen.

The prices of homes in our area is going up rapidly (Idaho Falls ID) and folks that could have qualified a few years ago are now getting priced out of the market.

My fiance also went to school in Rapid City for engineering at South Dakota School of Mines (which I assume you're attending)!