I will buy it in a neighborhood outside the 610 loop (20-40 minutes outside of downtown) in an up and coming neighborhood where rents for comparable properties are $1800-$2000.

I have personally invested in these types of properties in Alamance county.If you're open to STRs there's properties up and down the coast as well as lots of mountain vacation properties out West in places like Asheville, Boone, Hendersonville, Cherokee.

I’m in the learning phase and saving up the cash for my 1st deal.

While it would take up half the yard, with proper lanscaping, it can be made into a nice looking haven for the tenants if they choose to use it.Could rent out for $1k in the area.

In mid February, many tenants get caught up when they start getting their income tax refunds (depending how fast they file).Income tax refunds also give tenants the needed funds for first month of rent + security deposit, so they can move.Check out this graph, which was created from tens of thousands of data points:Regarding your property, suggest the following:1) Where specifically is it being advertised?

If it weren’t for some contractor issues, we would have netted around $60K, but it ended up closer to $45-50K (I don’t have the exact numbers on hand).

Ramping up this year but my wife and I ultimately plan to move to Georgia in 2027 (we already have a realtor for the curious). 

Hi guys,Some literature I have read indicates that sometimes you can open up a HELOC for free.  

Agree it is difficult to assess costs when they vary so much by location.Keep in mind that some turnovers are sickenly expensive, and that is just the nature of the business. 

No, I am not a part of any meet up groups.