I earn much higher returns than I ever did as a rental investor, with almost no work required on my part.

Or do you want the steady cash flow with a little less headaches and just one person/family per unit to deal with?

Future appreciation is very likely and personally, I'd like our business to capitalize on that appreciation.We initially looked towards investing in Charlotte, NC.

Under such living conditions, even in somewhat expensive areas it is less than $500/person. 

Just my personal experience.Good luck!

We had a pool at one of our personal houses and went away for a week and neighbor was supposed to be taking care of pool Maintenace. 

I personally recommend Southpoint Risk in Knoxville. 

Try and get this in writing or at least write down the date and person that gave you this information.Good Job doing the research before committing to a property..

My personal opinion is that unless there is no other way to sell the house, subject to should only be used when BOTH parties are sophisticated investors.  

Go for small counties that do not have as much competition as the large ones. thats were I would start and thats where my Dad would buy 100 plus props a year at tax sale.Most of the online bids can be done from the comfort of your home and you are able to preset your max bid and the system can simultaneously bid for you on all properties across all counties at once, so that may only apply to in person auction.