If you can find something reasonable, I think it's one of the most promising spots in town. 

Not every flip is good spot to use them, but it should at least be considered by any investor that's about to recognize a sizable gain while also being subject to a very high total tax rate.

I'm also recently embracing and pushing on owner-carry second mortgages for 10-20% of the value of the property, to help stretch my funds further, although typically these will have a balloon payment due in a few years, which may put me in a tight spot down the road.

That being said I wouldn't pass up a good wholesaler deal if I found one but they are not usually in my sweet spot.

@Bryan Drury Ok Thanks, Tony's is one of several good eating spots here in Baton Rouge.

When looking for a turn key property, you want find the sweet spot where you can experience both positive cash flow and appreciation.

@Curtis Mears, you're spot on. 

You're in the right spot for that!

Vacancy @ 5% - $190 Maintenance/Repairs @ 10% - $375 Management - $0 (self managing) Retirement Account loan repayment - $50 Total = $890Monthly Income: Apt 2 - $1,750 Apt 3 - $1,750 Parking spot 1 - $100 Parking spot 2 - $150 Total = $3,750*I don't know the monthly charge for common area electric, as I haven't been charged separately for that as of yet.

In the Wasatch front area, there are certain areas I would regards as red spot, yellow spots and green spots.