I've saved up a good amount of money in my very short career but I've also recently been willed a large sum of money from a very generous grandparent who recently passed (RIP Gpa).

Leveraging your expertise, I'd like to understand how you approach the situation I'm about to describe.Long Term Goal: Build RE portfolios using a buy-and-hold strategy by building up 40 units in the next 6 years.Situation: Small family owns their first single-family home which was purchased 2 years ago.Purchase Price: $320,000 (FHA, minimum down)Oustanding Balance: $300,000Appraised Value: $370,000 Mortgage: $1,950Est Rental: $2,300 (no expenses considered)Considerations:The basement may have been finished without permits, professional plumber, or electricianThe yard is large and potentially hard to maintainAn additional $2,000 is needed to prepare for rental or $10,000 in renovations before selling Therefore: What would you do as a starting investor in order to reach the goal stated?

Look for large capex issues that could be a deal breaker (or negotiating point). 

Hello community,I have a large detached garage at our rental property.  

She owns a lovely large home in the down town area, that is zoned for a duplex. 

. -1.5% growthPhoenix gained approximately 24,036 people last year, just behind San Antonio on the list of fastest-growing large cities, continuing decades of population growth.Phoenix 2017 - 1,626,078 population. +1.5% growthAlso, while Phoenix has it's share of subpar construction I don't think it's unique to the city and I'm sure Baltimore has it's newer home construction issues.

Does anyone have information on which of the below markets would be fertile lands for a beginner with an interest in C+ to B properties, focus on small - large MF rental properties, strategy: BRRRR. 

Of course this is the simplest format... yours may be amortized over 30 years but with a balloon payment at 5 or 10 years, etc. 

Some of the local heavy hitters with large portfolios of rental properties acquire them through tax deed sales, yes!

I agree with student rentals, very large pull around Uconn.