The actual cold hard data speaks the loudest  Click Here to see post If you are looking for cash flow - This is why I moved to Memphis a year ago. 

I can speak as an individual in this position.  

Many of them are in negative equity situations, poorly rehabbed, and have a with a home they can't sell or rent to a decent human being.

I am amazed at the numbers of deals right now that are cash flow negative that get sold on bad advice.

That law changed this year and I would have to speak to my accountant. 18% what the hell... that is insane and might as well be a credit card.

The issue that has popped up is that when speaking to an insurance agent, he mentioned that we would need separate insurance policies for each of the units (which is not a big deal) but then an additional policy for the Condo Association.Has anyone had experience with buying Condo Association insurance?

However; there is someone at the utility company that is assigned each job, and you can call to speak with them, or leave a message.

Generally speaking rents go up year to year not down, unless the neighborhood is in decline then that is a different story. 

I'm hoping to speak with any real estate agents in the area.

Generally speaking duplexes are going to start in the $75k+ range.