You can get SFH in fair condition and with a fair size in these areas.

It would be ridiculous in my opinion to demand one on a property that I didn't bring to the buyer.That being said, I am doing my own form of off market farming, but more of a targeted-area traditional MLS listing AND/OR potential off-market deal, depending on condition as I am completely mentally exhausted and done with my service business that currently pays my bills (and wastes my time :) ) and have a burning desire to replace its income with RE commission ASAP so I can roll up my sleeves and start building a RE empire full time. 

The neighborhood, property management team, and the house (condition, and quality of the rehab) will matter more than which of those two cities that you pick.

The original property will continue it's life and will contain the same basis, same accumulated depreciation as your original property.

Keep the place in great condition at all times and when a tenant has an issue, address it right away. 

No offense to anyone, I just would rather learn from people who have experienced at least one full credit cycle in this business and know how to operate regardless of interest rates/market conditions.

Adding value to the mentors life is your goal!

It all started by listening to Joshua Dorkin's and Brandon Turner's advice; set up a profile, upload a picture and introduce yourself to the BP Community.I look forward to the next steps ahead: analyzing properties, viewing properties, further networking and speaking with the first private investor I have in mind.TL;DR   ****Newbies, start interacting with the community, the value you might find could change your career and life.

Wesley above wrote a great paragraph, but what you can do is raise the guarantor requirements to make 6X income to qualify due to affording his life and his estranged wife's life. 

So the chance that you will ever buy any investment at the perfect time/price/rate... it's a fools errand to make that a criteria over ROI, location, condition, etc.Now maybe if you were saying you were thinking about only doing 19 deals this year instead of 20 and you wanted to hold that cash for a potential better buy after a crash, I get that too.