I have (13 months) remaining on a lease of a townhouse I am currently renting.

Are there any current active investors in that area who can share their experience of that area and what kind of rents they are fetching?

Value is being added to this deal by a full gut rehab and remodel of the current layout.

Finding a property with a garage or convertible income-producing space sub-$300K will be your biggest challenge. 

Someone with one newer aged rental, who has a rather high income, such as a surgeon who lives alone comfortably with a lot of disposable income, could possibly carry less than a Mr and Mrs just starting out, with one rental that they bought as a turnkey in a more downtrodden neighborhood in a different state.

I currently work a full time job, but my wife and I are hoping to diversify our assets through real estate and hopefully have (relatively) passive income for later in life.

Hello Everyone,I currently own a property in the 38141 zip code and am considering purchasing another one.

Due to the changes with your business, I am not comfortable continuing the current lease.

Hey Dave,We're currently in the same process.  

Context: I’ve been using MLS, realtors and wholesalers to seek out my first investment property (debt free outside existing mortgage, $100k cash saved, stable income), since my network is fairly new and limited as a green investor.