I am a licensed agent based in Phoenix, so i have MLS access and market industry reports I can share with you.  

After you put the base knowledge to feel comfortable yo will be set for success. 

I am based in the NC market, but am also licensed in SC.

So, based on these numbers, it's a good deal if rehab can be done below $40K.As far as financing, a conventional lender won't do it because of the general house condition and a hard money lender won't do it because of QCD that is not insurable.

It will give you a good base line of the property condition when you purchase.

Our home base and where we own is Atlanta. 

You will probably want to file an unlawful detainer which is not hard to do yourself and then show up to court.

I would love your advice on the best meetups for a newbie like myself, who is looking to invest in a property to flip at first (to gain a cash base) to later be able to own multiple rental properties to accumulate passive income and grow equity.I appreciate the help in advance!

Now appraisal came in and this tri-plex has value of 275k based on her analysis.It so happen that I have contacted the seller with 240k revised offer and I do not know his response yet.

Looks like your SFH example is ARV is based simply on comps.