Each unit has a small (8'x10') deck on the back, maybe a foot or less off the ground.

It has an above ground basement and meets all the requirements of a 3 family.

So i TOTALLY RECOMMEND INVESTING IN TENNESSEE.Speaking on South Florida, First off its not a very large area in terms of land compared to other areas in the country, so with this in mind I don't know that i would say its a bad area to invest in, but i do think that a seasoned investor would do much better here than a newbie, simply bc i think its safe to assume they would have the network/financial backing to move quickly on deals... 

Do not sweat broken outlet/switch covers, attic vents that are blocked, outlets that should be GFI (especially if they have a ground present), etc.Good luck

Since we don't know everything about your situation I would recommend just sitting down and writing out all the pro's and con's of your property compared to others.

As far as what coverages, I would start with looking up what the State requirements are to license the home.the State will usually have pretty stringent guidelines as to which coverages you have to have and what limits of insurance you need to carry.This makes it pretty easy to compare insurance quotes as the insurance agents and carriers all need to quote  the same minimums.

If someone is willing to live with family or in a homeless shelter they could potentially invest near 100 percent of their income and certainly benefit more in the long run compared to owning a primary residence.

I'm looking for a reliable turn key provider to be my boots on the ground.

Memphis keeps coming up as an incredible place to invest, but caution is required as neighborhoods can change street by street.I have found two or three friends in the Memphis area that can serve as a boots on the ground guide. 

Faked documents and all, and knows how to play the came called a con or scam.So, as posted by another earlier post, review your lease to see if it contains anything to the effect that falsified information on the application is grounds for termination of the lease.