It is a single family (3 bed, 2 bath) built in 2013, in a great neighborhood close to a military installation.I owe $139,000 and the house appraises for $169,000.

Hey @Curtis Shotliff,My spouse got on board after we found a duplex in an A+ neighborhood.

I've got a decent idea on the neighborhoods I would like to invest in but any advice on areas to absolutely stay away from?

Most, if not all people who buy out of state and have a bad experience can eliminate or greatly reduce their bad experiences investing out of state by doing the following Don't buy in the roughest neighborhood in the urban core.

I seen this prices in C type neighborhoods in Jax. 

If I can get close to that on a house in a decent neighborhood, appreciation will be the bulk of the wealth-building over time anyway, but your area may be different.

The area is stable, at least I think it is, and I'm buying in good, solid A/B neighborhoods.  

So many people start this and fizzle out in a month when they see it’s not what some video or seminar made it out to be.For comfort, start in your own neighborhood.

I plan on driving around a couple neighborhoods this weekend and find some distressed properties and start marketing them. 

Many different factors such as current expenses, condition of the property, additional revenue opportunities, surrounding neighborhood/surrounding rents.