Potentially lower down needed of 15% with better rate and 6% cap in IPC’s

If places like yours are sitting at $2200 with no traction, you’re taking on unnecessary risk, especially as a first deal.

For our second STR, we are currently researching Sherman, potentially / ideally, a less expensive duplex that we could rennovate and self manage from Dallas with workers coming to the area in mind. 

Source , but for the ones that are that could be a risk if Trump and DOGE's plans to cut those jobs ends up reducing a significant amount of the jobs in DC.

For southern states, you might want to look at smaller markets in Alabama, Mississippi, or parts of Tennessee and Arkansas where properties are still affordable and cash flow potential exists.

It will teach you so much, has the best financing options, least amount of risk, and will let you know if you want to be in this business or not. 

This would be the least passive but potentially the largest upside. 

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

Then, if you like some of the comments from a user, you can connect with them directly and perhaps do a 1:1 discussion and potentially discuss what you want to do in the future.

It would likely be comparable to what you pay in the NE.Just google "Lexington County tax estimator" or whatever county you're interested in and you'll usually find a web tool from the County you can use to estimate the tax bill based on the previous year's assessments.There is also a law called the ATI tax exemption that can potentially lower than 6% rate by 25%.