Most cash investors will take anything at the right price but big red flags would be major roads/ freeways, backing commercial or heavy duty power lines, and houses that are too small for the area, lately it seems popular to flip 3br 800-900 sqft houses which would be a pretty cramped home for most people, usually the buyers there are owner occupants. 

The main thing is to not lose focus. 

First, your goals should never include a number of properties...those are the wrong numbers to focus on.Second, holding the property appears to not be a profitable solution. 

No one can determine that but you guys.Can you put your older children in the same room for a year and focus on paying down debt and rehabbing?

Especially focus on the "if then what's".

Please click on the links, give them a read, and share your thoughts in the comments.First is a post that I feel will help not get overwhelmed with the amount of info that is here on BP:https://www.biggerpockets.com/blogs/5868/52761-the-simple-guide-to-getting-started-on-bp The second is a post that will help get you focused with your real estate investing goals:https://www.biggerpockets.com/blogs/5868/52743-im-new-to-bp-any-advice-would-be-appriciatedThe last one is a post that will help you choose an “investor friendly” real estate agent.

Please click on the links, give them a read, and share your thoughts in the comments.First is a post that I feel will help not get overwhelmed with the amount of info that is here on BP:https://www.biggerpockets.com/blogs/5868/52761-the-simple-guide-to-getting-started-on-bp The second is a post that will help get you focused with your real estate investing goals:https://www.biggerpockets.com/blogs/5868/52743-im-new-to-bp-any-advice-would-be-appriciatedThe last one is a post that will help you choose an “investor friendly” real estate agent.

Hello I am a Newbie wholesaler and i decided to focus my attention on tax delinquent properties , just because of the motivation to sell.

Lots of great interviews and stories from folks who do real estate as a side hustle, and others who focus on it as their full time job, and still others who passively invest.

Scott - I would focus on gaining employment to meet your immediate needs.