I live in Raleigh and the area is booming and I see bright future ahead.

From what I’ve seen, no one said, "Go ahead, bro.

Love that you are learning more about the investment vehicle and that you are moving onto step two where you are working your investment criteria as well as networking with sponsors alike.

I now inform all prospective buyers ahead of time that I will send my painter in as a 1 time courtesy once they complete their move-in to touch up hallways.

That's a great way to learn from others who are in the same boat or farther ahead of your curve.

I love how you’re already thinking ahead about the resale.

It seems like I need to check further away from the DMV area.My feelings are if you want “cash flow” you should buy a bond (I really like the tips rate right now) there is next to no reason to buy real estate for cash flow, if you are going to buy you should buy with appreciation in mind, which is not to say that’s the route I’d go, I’ve been liquidating properties to put in stocks and money market funds over the last few years and u just did the math and I’ve come out well ahead, but just to say there are arguments for stocks/bonds, there are arguments for levered appreciation, but the cap rates pretty much anywhere aren’t worth it vs an inflation protected bond, especially since a 3/rd of inflation is real estate anywhere, you could get “cash flow” and inflation protection much easier through a tips.

Happy holidays to all and wishing you a prosperous year ahead. 

I just wanted to give you guys a heads up.

My advice is dont put so much down and instead buy a Primary and an investment rental all in one step.May sound crazy moving into a new state and also buying a rental but your already way a head of most investors.