It's just a bit cost prohibitive on smaller properties, and the IRS doesn't mind if you just do it the easy way (the incorrect way) and use straight-line depreciation since that results in overpaying taxes. 

I've made money rehabbing  homes in both of those cities well and personally wouldn't mind owning rentals there if it made sense. 

Here is our issue, we are talking to a lot of homeowners who are very motivated to sell, our issue is determining if there areas or worth investing in.

Here is our issue, we are talking to a lot of homeowners who are very motivated to sell, our issue is determining if there areas or worth investing in.

As you move forward.... keep in mind that tenants who enjoy where they live, can afford the price, and are pleased with how the property is managed, are likely to stay a long time.

That roadmap, as of right now, is outlined.Learn - Keep FTJ (Full Time Job)Books, podcasts, BP, peopleFTJ and PTJ options: Go back into being a residential handyman and contractorWholesale - Keep FTJRamp up Wholesaling, possibly until either quitting or finding a PTJ to offset Wholesaling goal - raise capital to flip laterPlataeu Wholesaling, ramp up Flipping while ramping down WholesalingPlataeu Flipping, ramp up Buy-and-HoldLong Term Goal: rental portfolio with extra capital to invest in othersMy motivation does include swinging hammers (I love the physical work), but I recognize that won't be where I need to put myself to make money past the short-term (and my body won't be able to do that forever).

Keep in mind it works backwards as well.

I stumbled upon this site and figured I could gain a wealth of knowledge from like minded people and hopefully meet and network as well. 

I'm always looking for like minded investors in the area. 

It's just going to be hard to get into your, and your dad's mind(s) with regards to understanding your risk tolerance levels, as well as your capabilities.