Possible relocation to Asheville, NC. Buy now or wait?

[Chad W.]

My wife and I have our hearts set on someday relocating to Asheville, NC. The question is when we are going to be able to. My son recently graduated high school and I am not in love with my current day job but I do take care of my elderly grandmother who lives near me. My wife is ready to go now.

There are two factors that have us considering buying a property now and renting it out until we can relocate. The numbers don't look that great but we might be able to break even if we rent. We are considering now vs later because two large breweries are opening in the area in the next couple of years and when they start building and hiring, I imagine prices could soar. Plus, interest rates.

Has anyone ever bought in a similar situation? Even putting the pricing speculation aside, but just bought something where you wanted to be before you were ready to be there? Thoughts?

Thanks,