@Cameron Wright Unless he has an unlimited supply of money or you know for a fact that you wont have any free time to take on a project of your own, I would never sign a non-compete. 

So the only solution we thought about (not sure if this is a novel idea but I haven't heard too many doing it) is to rehab duplexes and triplexes and then supply the apartment to Section 8 tenants.

So the only solution we thought about (not sure if this is a novel idea but I haven't heard too many doing it) is to rehab duplexes and triplexes and then supply the apartment to Section 8 tenants.

Asking around at local supply yards is a good way to find one.

Is there a source for the following data;  I am looking for the "norm" for the expense ratio (based on either GPR or Gross Income) for individually metered garden style apartments in the south east and the mid Atlantic (Region IV) : Marketing Insurance Janitorial Service Lawn/Snow Licenses Miscellaneous Professional Fees Accounting Legal Property Management Fees Repairs and Maintenance Resident Superintendent Salaries and Wages Supplies Taxes Real Estate Personal Property Payroll Other Trash Removal Utilities Electricity Fuel Oil Gas Sewer and Water Telephone Other (whatever I missed)

Contractors are busy and  in short supply and prices are up .  

The investors I know who are busy always need "go-fers" to run errands, pick up supplies, take documents to the courthouse, etc. 

It stems from my concern that the short supply of homes eventually contributing to policy/tax changes in favor of in-state investors & regular home buyers.

New supply is coming on the market and there is less competition.

I can agree with the fact that all those other states have much more to offer, however, I think we will have a large supply of housing available for much less cost.