Looking to invest in SFH in Colombia/Lexington SC

[Kit E.]

I noticed on Zillow that there were homes that were in decent condition from 100 to 200 range that could rent for 1100 to 1200 in Colombia/Lexington SC.   These are hard to find these days. 

I would love to meet a realtor that has invested in SFH and MFH in the metro area. Also if anyone has any recommendations for General Contractors in the area and a Property Manager I would love to be introduced.

[Chris DeTreville]

@Kit E. I have an off market deal that might interest you.  In Columbia city limits, $895 current rent and purchase price could probably be around $80k.  

A general piece of advice; watch out for our property taxes. Our non owner occupant rate is super high.  So if you buy a property for $130k and only get $1100-1200 in rent you will not cash flow. I usually look at a property further only if it beats the 1% rule. 

(Tax estimate for a non owner occupant house valued at 130k would be roughly $3,800/year)