I love the BRRR concept, and really want to use Real Estate to make a positive impact on the community, both with housing and with the freedom that it will provide to volunteer and fund projects around Knoxville.  

City has 73 police officers Median Household Income: $81,000Median Home Price $345,000 (2013)Average Unit Price DuPlex/TriPlex: $222,205 (ouch that's high)Median Gross Rent: $1,136 (from City-data.com).Average Rents:  $900 for 1 bed, 1 bath; $1200 for 2 bed 1 bath; $1350 for 2 bed, 2 bath (based on postings on Craigslist & Trulia)Median Real Estate Taxes: $5,650 (1.8%)Unemployment: 3.6% (Sept. 2015, trending downward)New Construction: 76 permits issues in 2014, average cost $402,300 (steady increase in permits over last 5 years)3 Starbucks in town (more in immediate surrounding areas)4 large hospitals in town

Though, I am not an expert on IRA's, this concept should be discussed with a financial advior.

If you have stepped into the industry and out of the unknown at some level you should be able to identify concepts to which you do not know much and those which you feel like you are properly knowledgeable and skilled.  

Buy and Hold Strategy is what I am focusing on, and consuming content to understand the concepts and numbers for analyzing the deals.

Since I buy the house + holding costs, and he funds the rehabs and oversees it, it's almost a 60/40 risk prospective. 

The loan at $132k with 6% down to 10 years would require the household income to be around $5,234 per month.  

The concept of taking utility bills off the table for consumers and giving them one less thing to worry about could be a pretty strong selling point, though there is a huge wildcard for occupant behavior.

I'm also a tech guy so i'm into futuristic concepts.

I have no kids, but we played it with our nieces back when they were in their early teens.I'm a huge fan: It's far more realistic and relevant than, say, Monopoly.For one thing, you'll be introducing your children to critical real-world concepts like debt, budgets, and cash flow.