To do that quickly, you need an advantage to acquire desirable assets ... or you need an operational gift to efficiently increase their value.Easier to do both when your assets are physically close to you.

Location wise, it’s one block away from the zip code zoned for the good schools, so it’s not in a dangerous and bad area and It’s very close to a popular small strip mall/shopping center and grocery stores, BUT it is zoned for the same terrible schools as the more dangerous parts of town.

"Best Alternatives for Rent Payments"Weed/Sex/Moonshine/Stolen Car stereos/Gift cards

New shops?

Tallahassee rental investor currently shopping for duplex to a quad.

You could also be "gifted" the down payment or closing costs from a relative.

one thing to keep in mind is that as long as existing stock is still cheaper than replacement value.. your not going to get a flooding of the market with new construction.. when I was shopping for homes last year in that area.. new construction was more than you could buy existing for.. and keep in mind not every one Is a landlord most houses go those that want to live there

I 'shop' every two years to make sure I am getting a good deal.

@Jared Weston I do actually own a home that has some equity in it that I am currently renting and cash flowing about $450 a month on, but it is also in a pretty hot real estate area where they are building shopping centers new homes a marina so I really want to let it ride for a while longer and see what that market does.

If you are shopping blind they will recommend the best areas to look for and which you should avoid.