Best for short-term use, as rates are higher.Given your strong W2 income, excellent credit, and LLC structure, any of these should be feasible.

It’s why structures adjacent to vacant parcels due to demolition historically trade at significant discounts (not only because of the issue you’re grappling with but also the risks associated with underpinning and the construction process if and when the adjacent properties are redeveloped).

@Brian Hudson,I run a turnkey single-family operation in Chattanooga so I’d be happy to chime in.As I’m sure you know, the extent to which a property cash flows (or not) is going to be determined by how levered your capital structure is.

The magic in real estate takes time, BP calculator will tell you..After investing for 15 years in Milwaukee (usually regarded a cash flow market) I can pretty much much sum up my philospohy in a couple sentences: acquite as much real estate as quickly as possible, as early as possible in your life.

In 2 sentences please summarize your attachment.  

Hey BP World - I wanted to know if anyone has had any luck with structuring a novation deal in South Carolina.

Additionally, we like to look at rent trends over the past 5 years, average leasing times, % of homeowners to tenants for the market as a whole and specific neighborhoods, tax structure for both properties and income and affordability. 

I'll be looking for a 'hands off' brokerage if such a thing exists (while realizing I'll need a 'high level of supervision' my first two years) with a low fee structure for my own deals.

I mean as long as you still are personally guaranteeing the loan, it shouldn't make a difference to them whose name its in.This is how most commercial loans are structured.

I would love any and all feedback on the topics and frequency of these messages. 1 Week from check-in:- Thank you again, welcome- Ask about reason for visit- Directions- Attractions in the area- Any specifics about checking in our finding their property (apartment type single family structure can get confusing for first timer which suite)- Parking Instructions- Ask for any questions we can answer ahead of time- Provide contact number if need direct contact1-2 Days Out:- X number of day reminder, excited they are joining- Ask for follow up questions- Video instructions on how to find their suite/apartment (link to video player)- Check In instructions- Wifi instructions- Parking Instruction reminder- Google Map and Apple Map links for their phone GPS- Contact number reminder for their stayEvening of Check-In- Ensure they're settling in- Confirm we want them to have a 5* experience- Contact number reminderMorning of Check-Out- Thank them for staying- Ask for feedback on how to improve amenities onsite- Check-Out Time- Check-Out Instruction2 Days after Check-Out- Thank You for staying- Ask for rating on booking platform- Offer Loyalty discount for return stay- Ask for Referral