Credit report - We review their credit report for payment history and ongoing bills.

BUT The points they charge and interest are both way higher than normal, on some deals I ran numbers the points and interest were going to be 20k on properties where the ARV is 100k so you have to get properties at such a low price to make it work that it is so hard.

The area is rich in history and culture, and with ongoing investment and development in the neighborhood.

Be sure to hold a hefty reserve to handle on-going maintenance, capex, taxes, and insurance.

South End is great for appreciation-driven investors who want to be close to the action.NoDa (North Davidson): The artsy vibe and walkability have made NoDa a magnet for young professionals, driving appreciation in this district.Kannapolis: Known for ongoing revitalization projects, Kannapolis is positioned for appreciation.

I'm interested in learning more about owner financed deals, utilizing HELOC's, and the ongoing demands and requirements of being a good landlord/property owner. 

I ran your numbers through my own development proforma analyzer and it looks really good as a DSCR loan. 

And will you have ongoing maintenance issues beyond your CapEx based on the building's age.I personally would be suspect of this deal.

BP serves as an excellent platform for networking and ongoing education.

Would love to hear form some Multi-Family owners/operators in these markets about pros/cons and specifically neighborhoods to avoid.My wife and I have been to Columbia SC many times and, while we have never been to Little Rock Arkansas, we plan on going in Late March!