That knowledge may actually be telling you "don't invest here".Find a market that works for your plan (once developed), then learn everything you can about that market...as if it was local...then invest there.  

I would recommend that you work on developing a strong buyers list with buyers who know what they want.

Just another perspective, I work for a developer that does their rehabs with integrity, and specifically with the goal of holding onto properties long term and minimizing maintenance costs.

Im a realtor here in OC that partnered up with a seasoned builder/developer.  

I'm a freelance writer, journalist and blogger covering various aspects of the commercial real estate industry, from developing, to legislation, to tips and tricks, to markets to investing and more.

*IF* you can run the Number on an SFR, the big change is the sum(rents) for all units * 12 = GSI.You should be able to derive the NOI and develop the cash flow from there.IMO, if you can't, then your in trouble

As to investing, I'm developing a sub-specialty in "fix & flip".  

With the flip market tightening up (for me at least) I want to spend some more time developing these opportunities.

2) Most realtors don't have a construction background.3) Most realtors don't flip or develop houses.I have been an agent for over 10 years and have had many realtors who have worked on my team and brokerage throughout the years.

We just recently relocated back to Cincinnati after living out of state for 5 years (Minneapolis MN) and are thrilled to be back among our friends and family.Our goal with real estate investing is to get educated, and ultimately use a buy and hold strategy to develop a portfolio of 7-10 properties.