@Blake HornbrookI would definitely stay away from big banks such as B of A, PNC, Wells Fargo, etc. only because there is so much red tape around leveraging them to acquire income producing properties —especially in the beginning stages of building an RE portfolio.

Hi folksI'm looking to learn more about Little Rock and investment opportunities in the area - would love to connect with local investors, RE agents and property managers to get a pulse on the market. 

If you are outpacing inflation than "rock on", if not, overtime the cashflow goes down from a real dollars (adjusted for inflation) perspective.

But like Anthony said Boston and many other metros are red hot. 

I also had another experience where a house was appraised for $89K  the agent wanted me to pay $100K  because it was rented  I told him  that means I would go over $10K in the red as soon as I signed papers  his only reply was it was rented....seriously I asked him if he was serious   ???

I see you are in Memphis and Little Rock is good to know in case I take a look in those markets. 

IF the numbers make sense and you can rent it out to a rock solid tenant like a government agency, then should be easy to sell if the end numbers are good.Figure out the CAP rate and if that is a good number for that area once the building is fixed up and good operating cash flow. 

If they balk at this, that's a massive red flagThey should also be fine with you using financing of your choosing, as long as they have time to vet the provider.

Both have equivalent caliber tenants, with NNN leases, and similar cap rates.Property 1 - Round Rock, TX (by the Round Rock High School/Round Rock Ave area) - $383/sqft - built 2008Property 2 - Austin, TX (close to Slaughter Rd/Manchaca Rd) - $340/sqft - built 2015Just based on that data which way would you lean?

Lots of red flags here.