Multi-Family in Little Rock Arkansas or Columbia SC

[Ryan Bono]

Hey BP Community! 

My wife and I on the search for our 5th property and looking to go for a 6-12 unit multi-family. We own SFHs in Columbia SC and like that market. I've also heard great things about Little Rock Arkansas. Would love to hear form some Multi-Family owners/operators in these markets about pros/cons and specifically neighborhoods to avoid.

My wife and I have been to Columbia SC many times and, while we have never been to Little Rock Arkansas, we plan on going in Late March! 

P.S; We live in Wilmington NC so both markets would be "long distance" P.S.P.S there are no reasonably priced multi family properties local to us. We've always invested out of state and that is not a real hurdle for us. 

Would appreciate any insights! Thank you!

[Ryan Bono]

Hey @Jaycee Greene, great questions. I would be willing to do some value add component/renovations. Luckily, I am in construction and have a background in renovations. Price range is about $600,000 to 1.4 Million. Most ideal would be seller financing, but open to creative strategies for a cash-flowing property.