Pick you agent wisely, because the presentation of the listing and the skill of the agent can easily safe - or cost - you more than the entire commission.

I've experienced that in lower class properties priced under market, usually the tenants won't want the attention so they won't complain, but in A/B properties and especially when you are at or above market rate, tenants (rightfully) expect their units to be fully functioning in good condition.

Was this a vetting process for the C-Class homes?

Students, at least in my area, tend to be a higher class of people  and just much easier to deal with .

You need to pick the right market and the right home that needs rehabbing.

@CARLOS ESPINOZA if you are talking about buy/hold and renting out a multi, generally they have higher expenses usually tied to a higher turnover rate than homes and they are generally more work to manage than homes due to tenant issues, tenant class, etc.

Then you want to pick a market that you don't mind traveling to. 

It was a pretty intense class. before you decide to get yours let me put a few caveats out there. its expensive. between the classes, class materials, exam costs, licensing costs, mls costs, costs of hanging your license somewhere, business cards, etc, etc, it can cost a few thousand easy to get started. however, if youre still thinkin about it, triangle instutute of real estate is an amazing school with amazing teachers and tons of valuable testing materials. i highly recommend it.

@Cynthia DeLucaUse QBs and make each property a different class.

Also, at least one of the counties there is going through a county-wide tax reassessment currently, which is going to greatly change some of the tax bills, so keep an eye on that if the Poconos is a consideration.I can't speak to South Florida specifically, but broadly Florida was one of the worst hit markets in the country in the last recession, it might be a consideration to pick up a place down there during the next market bust if you aren't in a hurry.