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. 

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.  

Home is located in Frederick County VA and having a hell of a time finding any regulations on rentals in this county and wanted to see if anyone here knows if there will be a problem renting home based on low ceiling height. 

I wanted to introduce myself my name is Heather Boren and I am a commercial real estate broker based in Woodland Hills, CA (SoCal/Los Angeles) and instructor at UCLA Extension.

Here is who I've contacted based on the referral, they were very helpful.