I was interested in this type of deal because I was living in the area for another year and needed to build equity as well as dip my feet into the real estate market.

If your goals are long-term - this market will offer a ton of appreciation and steady renter demand.

IMO better options- If you don't need the money in the next 10+ years look into Annuities I'm seeing 7-9% and you don't have to participate in market downturns.

Vacancies can hit hard in the summer if you don’t lock in year-round tenants, and SUNY towns can be seasonal compared to broader rental markets.

The key for me wasn't to invest in the 'best place' but to know a market so well that a deal jumps off the page when it appears.

.): ~$35K (assuming 8%)Total Cost: ~$375K–$385KProjected Profit: $65K–$75K before taxesThat is a decent margin, but this being a two-year project, you need to be sure the market doesn't shift downward, and that you have a buffer for unexpected costs.3.

Our focus is on mid market 50-100 unit's but happy to help.

Next, side by side duplexes are a Unicorn in the NE Ohio market.

I am not in North Carolina, but I am in 11 other markets and would be happy to chat to answer any questions.

Quote from @Bud Meacham: The market is very competative in California.