The market rent puts all three together at approximately $2900 monthly.Costs behind the acquisition:Property taxes: $5000 yearlyInsurance estimate for all three: $3,300 yearlyC-class properties (not best location, their condition is about average - older properties)Purchase price: $250,000k$15k down and $235k seller financed at 6% interest for 30 years. 5-year PPP.

Does anyone have any advice or experience in this market?

I actually just did a dscr loan to pay off the hard money I borrowed on the second property (where we live and rent the actual house) I estimate the appraisal to come in around $215-280K which if I were to take out 80% would barley give me enough to buy anything in the FL market and have cash left over for renovations.Not sure if im missing a step here or if it might be best to buy an auction home with that cash to flip and have more capital to have more deal options. 

I'm interested in learning more about the MTR market in Philly as well @Jamie Banks.

I get a decent a mount of off market multi family deals perfect for those looking to house hack in NJ but they tend to be much higher price point

HELOC are generally balance sheet meaning the loan is held on the lender's book, not sold into the secondary market.

I think the #1 most ridiculous poster is the person living in a desirable, high-appreciation location who has plenty of capital to deploy who asks which crappy undesirable market thousands of miles from where they live is the best place to buy their first investment property.

., how well will the market be when you sell the property, and 2) capital expenditures, i.e., can you financially efficiently improve the asset to the end users (renters or users).

They have nice looking direct booking sites, but I'm more curious about their digital marketing training and crm software included with their package. 

If you look at other threads on the Chicago market this topic comes up a lot!