Mississippi is a non disclosure state, so the online tools like zillow and realtor.com have a difficult time with valuing it. 

Every city is different, PLEASE get yourself to a RE meeting, and do NOT try and do all this from books and sitting online, it will not end well. 

You can do some sourcing yourself through Facebook groups, and online RE communities , and even pick up the phone and cold call some homeowners that may be tired landlords, don't owe anything, and have built up some equity.With enough volume, you should come across some solid deals.  

QUESTIONABLE- Best Buy over $1,000 (maintenance visit soon after noticed two new TVs and Xbox consoles in kid's bedrooms) POOR CHOICE- Numerous purchases from online women's store selling wigs, "interesting clothing" & such (yes, we looked up the website) POOR CHOICE- Numerous cash withdraws of $400-$500 at Detroit casinos.

You can find templates for joint venture agreements on BiggerPockets or other real estate investment websites.Next, consider joining local real estate meetups or online groups where you can network with other investors.

Quote from @Emma Johnson: Yes I checked It is listed as an option on their website everything online looks legit.

@Ian M.For the owners hiding behind the bare trust agreements, you can pull up their names by doing an online search for "David Baines: Real estate investors settle class-action lawsuit" Mr Baines before he retired was a business columnist for the largest newspaper in British Columbia, the Vancouver Sun.In this article you can see the payment the defendants (who I am talking about) had to pay out to the plaintiffs.

Or you can order online.

You are only really assessing based on CAP rate which tells me you are only looking online and assuming their CAPs are correct.

You might be able to find a lot of this info online, on YouTube, here, etc and piece it together however as a busy professional I didn't have the time personally to try and fail - nothing wrong about choosing that path however I knew I didn't have time and I was in peace with hiring a coach to help me through my first deal, 8k is affordable in comparison with the 30,40,50k programs out there.