Historically there may not be good deals out in your market, but now is the time to find them.

The biggest obstacle has been working with the historical division since this property is in the historical district (built in the 1920s) and adjusting the rehab as needed.

As far as Collier Heights Check out the history of this historic neighborhood.

Collier Heights has a great history and most of that neighborhood is a historic district so you should check to see because before you can a permit you have to go before the Atlanta UDC.

I'm currently working to determine the ARV of a 1930 brick house in Historic Collier Heights. 

San Diego historically has produced near top of nation ROI for buy and hold investors. 

performing notes generally are more constant than rentals IE you don't have a vacancy and you have no fix up costs.. so if you have the turn over which each rental will have over time.. your notes are still chugging away.and there are no loads with notes IE no management fees etc etc.. so you diversify.. now downside to notes of course is no leverage.. but also no mortgage or long term contingent liability .. you own the note 100% .... and if your buying in a market with historic non appreciation then notes are equal as they don't appreciate.. you don't get tax write offs but the write offs on a 60 to 80k rental are nominal anyway.lots of my clients over the years as they age roll out of landlording into note collecting its another degree of passive.. and done right pretty cool..

@Jasmine Hu I think both strategies can be very profitable in the historic district of Jax. 

So take that in for just a moment and than lets fast forward to a few months later to November when GM pulls a rabbit out of a Detroit hat and does a 180 and announces it will not shut down their historic Hamtramck plant but rather dust it off in preparation to unload a spanking 3 BILLION DOLLARS into it to begin building electric pickups, vans, battery modules, and possibly even reviving the Hummer brand there.

The cash flow situation has historically improved at a fast rate.