It is an appreciation play right now.

It’s just part of the game**They have multiple leads & opportunities in play- If you’re banking on one contract to make or break your business, you’re already losing.

So, an investor could easily cashflow right away.Those days are over.Landlording is a long-term play.

It only takes a few years of "The Double Play" to recover that loss. 

@Tara JosbergerCharleston is a strong market for real estate, but local regulations play a big role in investment strategy.

There North Carolina purchase leaves me scratching my head. 

I'd think that would be theft from the tenants, but hey, let's see how this plays out. 

@Hunter Duplantis what @Gino Barbaro said is exactly what I was going to suggest.When you have vacancy is the time to experiment and apply your original thesis.I’m not trying to play Monday quarterback here but, you should be highly confident in where the rents should be well in advance of having a vacancy.That being said, after confirming competition rents on websites (I’d also recommend Craigslist and Facebook marketplace), you should be in alignment there.  

I am playing a long game.

What kind of deal are you chasing in Reno—something immediate or a longer-term play?