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... 

True, a return of 5.77% is not such a bad thing, but at the same time it is not a very compelling return.

Maybe it is the Marine in me but I would not take a knife into a gun fight.

You can get started without any capital.Flipping you have more risks but the returns are also higher.I find that a lot of wholesalers have terribly bad deals because they have never flipped themselves.Imo, you learn a lot more flipping houses.But having said, wholesaling forces to get in front of people.

We finally evicted the messy tenant and the roach infestation was so bad we had to replace the carpets.I often doubted the complaints of some sensitive tenants till we treated a unit, my wife went in the next day to clean up the vacant unit a day later, and got pesticide poisoning.

An area is only bad to invest in if it doesn't fit your criteria.

That said, there are a LOT of these companies and not all of them are bad.

I have had this happen twice in 5 years.The biggest issues that are more common with poor PM's are bad tenant screening and lack of inspections.  

here are reasons I was suspect of this tenant:teenage kids all had bad, uncut, unshaven hair, and clothes looked like Walmart status - remember, this is S.

My question is would it be a bad move to purchase a home and rent it out while we wait for the neighborhood to improve?