Should they consider selling as-is, finding a wholesaler, or pursuing renovations?

What do you consider success.

I am considering moving my family down to pigeon forge and buying a lot that has 3 houses on it.

I’m considering joining based on the feedback.

The numbers will absolutely need to make sense in order for me to even consider going through with a purchase. 

@Jay Hinrichs @Jonathan Greene @Nicholas L.you have all helped me to really consider what type of challenge / path I want to get into, and all this information is excellent.

I don't immediately see any reason that their basic home value and rent indexes should be considered fundamentally flawed based on that connection.

Main benefits to this strategy include:- Low down payment options (as low as 3-5%)- Acquisition experience- Property management experienceThe NYC metro area has nearly 2,000 available 2-4 unit listings on the market.Other new investors consider the BRRRR Strategy.All the best to you on your journey!

Now I'm not saying this is a bad thing - but it's something to consider. 

I literally started my real estate idea by considering buying property in Japan, but eventually decided that the US made more sense.