Just be prepared to hold it for a while until folks can afford to buy / rent again.

I've done a fair bit of research over the past few weeks, reading books such as What Every Real Estate Investor Needs to Know About Cash Flow, The ABCs of Real Estate Investing, and Investing in Duplexes, Triplexes & Quads.As I'm starting out, I'm interested in investing in single family residences and 2-4 unit multifamily for a long-term buy-and-hold strategy.  

I recommend reading some books on purchasing real estate, buy & hold, flipping, etc. 

We weren't going to buy it as a flip though, it was going to be a buy-and-hold with one of the two houses rented out.

As a buy and hold investor I would be all over the deal.

Looking to buy and hold that generate very positive cash flow with 25% down.  

Im looking to invest in buy and holds.

Medium term (3-7 years): generate $5,000 per month (children's school costs plus mortgage on new home, will need to assess if to hold on to condo or not.

Looking to dive into buy and holding rentals with lower risk rehabs, that offer upside in pricing flexibility.

I'd be happy to send you some information about the area and purchse and hold data about our line of multi-family investment properties.The short version is we've got one of the healthiest long term economic outlooks in the country, our developments and management make it 100% turn key (the check is literally in the mail, for your positive cash flow every month) and it's all new construction running at a 7.5% cap rate.Let me know if you are interested.