If you intend to rent the property out after you live there for some time (fha is a year I believe), I’d focus on items that are going to attract the biggest pool of renters when doing repairs.

He lives in another city and told me to find a local attorney.

@William Hinsche I personally enjoy looking for multi-family in 43212, 43201, 43202, 43215, and 43235 as these are are areas that I would live in myself to buy and owner-occupy.

If the rehab isn't that extensive meaning you can live in the triplex you can also try financing as conventional if you qualify as you would only need 5% down.

I have invested my life savings in real estate to earn a living, save for retirement and build wealth for my family. 

I am under contract for 3 properties, however there is one thing about it, one of them, its located in South Memphis zip 38109 (Mallory area).I know I know I live in Memphis, I know that the area is bad, however I am feeling that the market it pushing investors towards the hoods of memphis because it is getting expensive (even Frayser is getting crazy expensive which I find crazy), I did a few visits in that specific neighborhood and I honestly didn't feel it was really really bad as the rest of South Memphis, I am really not worried about tenants paying on time in my rentals because I always focus on Section8.Was wondering what are peoples insight in regards to investing in those areas with section8 tenants?

Better down payment options, you live in the property you rent which makes management 30X easier.

I live downstairs and claim this as my homestead.

You likely have to live there longer and/or plan to use it as a rental property (assuming the revenue is high enough) because you're starting at zero equity.  

I considered Cincinnati but since I know Indy well (used to live there), I decided to focus just on one city in the MidwestI also looked at Bakersfield.