I know the market is hot there but I have not had any bidding wars.. most stuff I sell before completion but offers come in a little under list routinely and we counter to list or higher if they want concessions... ( this of course is new construction infil in the 450 to 650k range there in Charleston)

New and broader range of risks will emerge in future. 

Or at least a range.

I search for homes in the $60,000-$150,000 range but seem to mostly find condos/townhomes and apartments.If you were me & had $10,000 to start with, would you go the buy/hold route with rental units?

If you look at everything in the neighborhood in your property's square footage/age/condition range that's sold in the last 6-12 months in the neighborhood, as well as every active and pending listing in the neighborhood, you (or a local broker that's competent at analyzing that sort of data) should be able to get a really good idea of what needs to happen to sell your house.

From this data, you can utilize a website bestplaces.net that will give you a breakdown of the percentage of homes that sold, in various price ranges, for a given zip code.

Cost to list + changes to listing.Can range from $100-$400 for the exact same listing on the MLS.

There's more the 60 properties on the market right now that could fit your criteria and it'd be easier to narrow the search down with some more info like price range, area, desired rate of return, etc.

What price range/requirements are you looking for?

Rents in the $900+ range, $700 range for MF as well as pretty high demand for retail and office spaces.As others have stated as the market continues to improve the cost to acquire these properties is continuing to rise.