If you are in a low paying job concentrate on increasing your income.

Not only would you have to subsidize this property for the foreseeable future, odds are (with all due respect of course and not to question your PM skills), you might expect the expense ratio to increase under your tenure in comparison.

Then I could get an idea as to how accurate my numbers are (if I'm consistently willing to overpay then my calculations are obviously flawed, same for if I'm coming out with a very low number).

C can come with higher cash flow for certain periods but it can also come with increased risk & potential downside loss.

Soon I will be introducing rent increases. 

That being said, we are starting to see some increased CDOM/DOM for the higher-end development deals here in the affluent areas of town, because the numbers don't work.  

If the property has a good cap rate and you can withstand any reduction in rents or vacancy increase from an economic downturn, what difference does it make where the property is?

I'm seeing an increase in those of us who got burned with Morris. 

In my discussions and through networking and meeting other wholesalers in South Florida, Ohio, and other areas of Florida what has worked well and been consistent with bringing leads has been bandit signs.

Tiffany, you'll probably find that subbing out more of the work that your husband is doing will allow you to grow faster than hiring an employee, but it just becomes a math problem to figure out if increased labor costs are offset by the higher overall revenue generated by doing more flips each year.