Joined a local investment group and got tons of support How did you find this deal and how did you negotiate it?

Try to get preapproved from a local loan broker or Co-op. 

I'm Tamara, a local agent and investor in the NC area! 

HUDuser.org is great for vacancy rates, but cross-referencing with local market reports is important for more context.For job diversity and employers, LinkedIn or regional economic development websites often provide insights.

She doesn’t need local family to manage it. 

I am local to the Memphis market here and like others have mentioned communication is key.

Apparently, local jurisdictions here are saying they want more affordable housing, but in the same sentence will also say that there will be more regulations, more environmental protections, and more hoops to jump through to develop starter homes. 

Just check the local rules to make sure you’re good to go!

A local property manager will make this much easier and handle the visits for you.Single-family homes can still do well, even with more apartments popping up, as they cater to tenants who want privacy and space.

If they’re underfunded, you could get hit with special assessments.Since you want to stay local and focus on cash flow, commercial makes sense, but have you considered industrial or flex space?