The government spend a massive amount of money on infrastructure, weapons, aircraft/carriers, food, etc.

And I'm either showing signs of an infection(I'd blame the amazing food here) or developing that itch to purchase a first investment property.I came here interested in multi-family properties initially, but seeing some of the lower end scale homes sell for 15-40k and make a really good cash-on-cash return looks more and more appealing as my end goal would be Cashflow.So back to my subject line; assuming I found a deal, had the cash on hand, how would I go about the purchase?

At our company, we're looking for the longer term, as our challenge is to keep our, and our investor's money invested, and our business model isn't based on getting rich by charging a lot of points on every deal.

I, like most, got sucked into it by the over-exaggerated guru hype that wholesaling will make you rich overnight and you can make 5-10K easily in the first month.

I just bought it, checked my bank account the next day, and I was RICH!!!!"

Rich

So my saying it's a maybe is based on the assumption that you are very cash rich/liquid. 

In other words, instead of only fast food to choose from, they are sit down restaurants and better grocery chains too.The one thing LR has over Memphis and any other market in the US is the landlord laws.  

@Rich Ng Thank you for the welcome Rich.

I would imagine with a group rate it would be more affordable if you took into consideration you would not have to really spend money for food, activities...