Where as, another home (2 bedrooms) I helped with in the SW section, right by the Timken factory, was purchased for $12,000 and after about $2,000 in fixes and updates is being rented for $650. 

But if it was not for those bene's these would have been poor investments long term with very little exit profit by the time one would have to pay recapture and do fix up work.

Hi Jonathan- We are also in Greensboro doing property management; fix and flips; STR and Mid Term Rental management; assisting local investors with finding, purchasing or selling investment properties, etc. 

Always fix all water issues first before moving on to doing major repairs of a structural  nature.  

I have a 2.9 fixed rate.

Thank you all for your inputs and help...I'm a wholesaler and do fix and flip as well as rental so I'm familiar with doing my due diligence...

Hey @Marc ShinLook, I’ve been at this for a couple of decades now, and I still remember this small bungalow I fixed up in Hillcrest back when I first got my start.. it was a 1920s place too, a bit rough around the edges.

. --- We haven't seen a S8 inspection report in over a decade that required a tenant to fix damages they obviously caused.

When you patch things for a temporary fix then you tend to have ongoing issues in early future years.

I'm excited for the opportunity to be apart of the community with BP, I reside in the state of Virginia and started my investment journey many years ago at 22 doing fix and flips, I stopped when the market crashed in 2007/2008 and didn't like the way the market looked and I left the investing world, I became a mortgage loan officer, and then processor and later underwriter and learned the backend of the conventional lending world.