Likewise, the same can be said for properties with in-law suites or finished basements.Have you considered or explored any particular ATL markets?

Attend open houses to understand market trends.

We have family teams in place in both markets of Texas & Virginia and source deals on/off market through agent referrals, cold calling motivated sellers and PPL.Well, if you get more deals than you can handle and they’re too good to be true I have a friend in San Antonio that buys properties I might could point you to. 😇 

Out-of-state investing in cash-flow markets or partnering with experienced investors for passive returns are also great ways to put your capital to work.

From both a real estate and STR perspective, the key to success will be choosing the right market first.

San Antonio is a hot market still for flipping.

Market 1bd rents are about $1500-$2000.Ideally, we would have 24 months to get thru plans/engineering/permits/rennovation.

This is going to be very market dependent, and property dependent. 

And yes you can move the market with just $1M.

Quote from @Ivan Castanon: Quote from @Jay Hinrichs: depends on market most of FLA that wont move the needle.rust belt mid west you can find deals for those amounts.. going to be rougher areas of course. do NOT follow the advice of anyone suggesting second postions or gap funding.