Sapphire is much more of a vacation home community.The deciding factor for me was that Sapphire and Cashiers don't have a lot to do, except for golf and hiking.

I can't always be there for my projects, so as I'm trying to implement a system that allows me to always factor in a GC. 

I have about $40,000 net a year after reserves and everything but have $500k+ of equity in them.A big factor is also who you have do repairs.

What factors should I consider when making this decision?

Closing costs are a necessary factor in any loan process and to be expected.

However, the suitability of buying and renting out a single-family home in Richmond can depend on various factors, such as market trends, rental demand, and property values (similar case with all markets, really.)Chatting with a local agent in the area can provide very helpful insights into the market, data, and specific neighborhoods.

@Abdul HafeezRates and LTV depend on many factors. 

Exceptions include delays caused by factors outside the Subcontractor’s control (e.g., weather, material delays).5.

There was positive population growth, medium home price growth, low unemployment, good rent to home ratios, and low crime, all of which are factors when I start looking into an area to invest in.  

Then, I typically see them take about a half to a third of that number for the adjustment factor.