Long-term rentals (LTRs) are stable due to Charleston’s strong job market, with areas like West Ashley, Goose Creek, and Summerville showing solid rental demand. 

I live on the east coast.

I sold that in 92. next iteration was 2002 when I started a new lending company in Portland OR to specifically fund Turnkey buyers in the mid west doing BRRRR loans we killed that.

I’ve developed a Comprehensive Investor Report (CIR) for a property in Palm Coast, FL, designed to be transformed into a luxury rental asset while serving as the foundation for a scalable asset management strategy.Here’s a quick snapshot of the deal:Property: Red Birch Lane, Palm Coast, FLCurrent Value: $350,000+Mortgage Balance: $165,000Current Equity: $185,000Investment Required: $177,500 (for luxury upgrades and optimization)Projected Monthly Rent: $4,500 with 2% annual increasesTarget ROI: Full 1.5x ROI for investors achieved in 9 yearsLuxury Features: Smart home automation, designer finishes, professional-grade kitchen appliances, and more.I’ve also structured a capital distribution plan with a waterfall approach:8% Preferred Return for investors.Full Return of Capital to investors before profit splits.Post-ROI, a 20/80 split (Investor/Management) ensures long-term alignment.

I’m naturally inclined toward this area because it’s within driving distance of major west Coast cities (L.A., San Diego, and others)—making it feel like a “natural” choice for a regional traveller wanting to get away for a short weekend. 

Focus on areas like Mesa, Tempe, and Central/West Phoenix for the best balance of affordability and rental demand.

Living in the mountain west, like Tahoe, the risks are obvious.

I live in 2 - small mountain towns out west and small beach communities in FL.

I found a 3-unit property for $629K on the west side of Chicago (Wicker Park area) that will cash flow.Issue is that the foundation is settling and will need to have a significant amount of work done according to the sellers agent and the inspection that they had.

I would invest in the West, as it has worked for the last 170 years, but not in liberal states that are tax hells.