That being said - Nashville is a more typical city, centered around a downtown, broken out into distinct desirable and not so desirable neighborhoods.

@Corbin Wafford I think what can give any (newbie or not) investor a distinct advantage is understanding not just their market but the tiny submarkets in it.  

Seems like evicting people is very dangerous. 

I used to post a lot on the Aussie version of BP its call the property investing Forum and the out of country part of the Forum back when the AUD was stronger than the dollar had many many folks participating now your lucky to find one post a week.. and US marketers together with promotors from OZ just hammered the OZ investor with BLUE sky and no real mention to the dangers of low end assets in the urban cores..

Dangerous words here "In contrast, we give only 30% of the equity to our investors but we promise our investors double digit IRR (18%+)."

Having the well near the septic is dangerous for obvious reasons. 

With Meth, it is a chemical process that can be very dangerous so that is a whole different problem.

Borrowing the down payment is very dangerous.

Unless you hit the lottery, it's just not going to happen that fast.What you are looking at doing here is making a career change, you're not looking to achieve financial independence.I think it's important to make that distinction so you don't set yourself up for disappointment.

I don't want to overbuild, but it's also dangerous to under build by purchasing too small of a land parcel, get inundated with leases, and have to quit a project due to running out of land.