Long term i would look to 1031 the property into either my primiary residence when i start a family(i rent now) or a better deal.

But again, read the offering documents carefully as you study the investment opportunities, don’t rely on the marketplace or any random (perhaps uneducated customers google reviews) to do your diligence for you.

@Priti AgLong-term residents often dislike short-term rentals (STRs).

I kept my first house as a rental after I moved out and bought a new residence. 

Some other areas may attract influx of residents from other states who find triplex on very small lots attractive. where do I find that data?

Investment Info:Single-family residence buy & hold investment in Bessemer City.

You can directly contribute to improving the area, helping residents access safer and better-quality living conditions.Hopefully, this gives you another avenue for real estate investment in a growing market like Charlotte.

Definitely looking to start smaller, in the 2-4 unit range, but seeing what you put in your buy box helps me think about narrowing mine.Plan is for funds to primarily come from saving from my W-2 work and possibly utilizing equity from my primary residence, though that is something I would need to really plan out.  

This means that I don't need to transfer random amounts of money to another account to pay a mortgage because the tenant on that property is late paying this month or other nonsense like that.

Send a letter giving them your/pm's contact and a detailed explanation on how to pay the rent (Helpful with older residents if you are going from check to online billing.