With the cost of living 9.8% lower than the national average.

There is no single data source to go to nationally to find markets.

Anchored in the Sandhills region, it holds significance in national defense owing to its adjacency to the Fort Bragg Army base and Pope Army Airfield.The median sold price has surged by 7.2% year-over-year to reach $225,000 ($142/sqft), with an impressive 42% of homes sold below asking price last month.

I am a mortgage broker (not licensed in CT), but here in Hawaii we have a few national mortgage banks/financial institutions we work with which will provide financing on condos where the master policy is less than 100% replacement cost.

I have been tracking the area are the Sequioa National Park and have seen some numbers that comp out.

I like to use local lenders because they will know the rental market and local agents will know the lender can get the financing done making your offer slightly stronger over using a national lender. 

The overall building condition is not terrible having been local offices of a well known national charity up until recently.   

I wouldn't recommend subdividing them and putting utilities in. multifamily entitlement is much higher returns than subdivisions. just my advice but I have 10 years of experience in agency, appraisal, development, construction, from a national perspective but based out of columbus 

I know of some operators that do this nation wide. 

They are willing to write difficult loans such as lower credit scores, 1.0 DSCR, foreign nationals, non permanent resident aliens, more than four unit properties, .