We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.

If you make the purchase prices much closer, then the waterfront unit should do better.You are going to have to run the numbers.

People just make sure they have all that they need when they head out.

The only time I'd say it's an okay idea is if either: The area you're investing in is expecting so much appreciation that you will easily profit off that (watch out for mortgage interest though...the appreciation needs to be higher than what you pay in that and expenses to make it profitable)You have some specific reason for wanting to do it- family ties, future home, major long-term hold, etc.Maybe I'm forgetting another one, but those two are all I have for now...

Quote from @Anil Shah: It's unfortunate Raleigh-Durham didn't make your cut of 13 cities but Charlotte is definitely the city to choose in NC if your want the city feel.

Once completed, the goal is to get them rented and then pull money out of each house to build a high performance spec.

If it is, why can't you buy similar properties that you are renting with the money you make.If you get $200,000 annually(split proceeds with the other owner), you should be able to buy almost any type of property.

Here's how I'd suggest proceeding: - Make it clear in the listing what your requirements are for Credit, Criminal, Credit, and Eviction.

Make sure the location is safe first.  1.  

What criteria makes for a good live in flip?