I will say that for Gastonia it’s been more challenging, on zillow the numbers are all over the place with very little consistency - but that matches pretty well with home prices which are also all over the place, even on the same street.

However, I feel my new challenge right now are high expenses with these class of properties Im buying.

If you have the stomach for it, it's a very rewarding business but sometimes it can be scary, disturbing, challenging & sometimes down right disgusting.ENJOY!

Learning on your first property will be a challenge, but having to deal with bad tenants will make it even harder. 

The biggest ‘gotcha’ I found is that after 30  days the bed bug expires.

You get the worse terms because banks see it as the biggest risk.

Well there is the Double on a short term corporate lease at $1800 but I just wish I could get that all the time ;)Biggest thing to check is the sewer setup. 

But I also had the challenge of needing to educate them on the value of their building.

You offer what it is worth to you.Your biggest problem will be your real estate agent.

I believe the challenge will be finding a property that has an acceptable cap-rate.