This strategy is applicable to any market or anywhere in the world.  

If the deal makes sense, exit strategy in order, go for it and keep on plugging away.  

If someone could point me to some beginners reading materials, and possibly recommend a strategy to get some skin in the game (i.e. how to get a JV money partner) I would be very grateful! 

I am looking to implement a buy and hold strategy for sfh with good cash flow and appreciation. 

In fact, it's so much debated Scott Trench recently posted a topic on the subject, which got a lot of detailed responses.Here is the link: https://www.biggerpockets.com/forums/519/topics/485592-best-way-to-invest-a-large-lump-sum-of-money-100-300kThere are many strategies out there, but what is your end goal and timeline?

In business strategy, one of the first and most important activities is to define your perfect (target) customer and gather as much understanding as possible about what that customer values.  

Using the "driving for dollars" strategy of looking for leads I found a couple interesting possibilities.

My main real estate goal is to own an apartment complex using the buy and hold strategy.

Also, can someone bullet point profit strategies from notes?

Assuming this strategy works for your finances.Some other factors to consider are how well they take care of the unit, whether they are on fixed income/ability to pay more), your views on affordable housing/social justice, current market conditions (right now seems good for attracting a new tenant), and whether the property still cash flows or works at a below market rent.