But again, let me be clear -- I never claimed he crossed a line legally -- I claimed that he crossed a line as a sane person in a market where he's a newcomer and unfamiliar with the territory.

Big part of Wilmington and Whitemarsh Islands is in unincorporated Chatham county territory and perfectly located between downtown and the beach which attracts most of the tourists.

However, they are also very territorial and require a good bit of handholding.

That's a great return, given it offers tax advantages, and while those investors don't have skin in the game on exit, they've enjoyed stable returns for 5 years, diversified across hundreds, if not thousands, of units & geographical territories.

I'm with @Ned CareyThere are 50 states plus US territories and they all have different rules. 

1 bed 1 bath cabin about 600 sq ft would be in tiny house territory and not totally created equal to your competition in your own neighborhood.

I live in rural territory so C+,-B- is the norm. 

Since I'm located in Tampa, Jacksonville is an uncharted territory for me so I would be happy to get some input from locals there.The property is located in the Riverview area (zip 32208) it's a 2/1 Block freshly renovated and looks from the outside and inside in beautiful condition.

To avoid sending your risk into completely off the chart, crazy territory, you're going to have to put in sweat equity yourself with direct investment, versus passive so that you can work for that extra return.

What if a couple of gangs decided that the boarded up houses two streets over look like great territory to setup a drug house inviting far more crime to your area?