We have a 14-page management contract that we've added our real experiences to over the years, with the intent of protecting both us AND the landlord.

It would likely be comparable to what you pay in the NE.Just google "Lexington County tax estimator" or whatever county you're interested in and you'll usually find a web tool from the County you can use to estimate the tax bill based on the previous year's assessments.There is also a law called the ATI tax exemption that can potentially lower than 6% rate by 25%.

Best to call city hall for the town you are buying in to see what if any rent control rules are in place. see link below if you require additional information and call the Jersey City Landlord Tenant relations office. https://www.jerseycitynj.gov/cityhall/HousingAndDevelopment/...Jersey City CPI chart on recommended rent increases: https://cdnsm5-hosted.civiclive.com/UserFiles/Servers/Server...The state with the highest eviction rate in the country right now is South Carolina. 

My partner is also a project manager, so we are relatively confident we can run a successful renovation remotely from Long Island.Jaycee - There are not a lot of pictures or other informative metrics for me to 100% say yes.

In the last 18 months various states have instituted new rules, regulations or laws related to (1) need for licensure to wholesale (2) restrictions on marketing of a property in which you do not have ownership and (3) disclosure requirements when dealing with a homeowner that makes it clear to the homeowner that the contact signed with the wholesaler is not a definitive “sales” contract, therefore making it less likely home owners will sign4.

I think we are all on the same page now.  

You get a deduction for the contribution, the gains grow tax-free and as long as you use the proceeds for health-related expenses the funds come out tax free as well. 

Relatively new company.

Hi Khalid, happy to talk shop and help out with anything KC REI related. congrats on your new construction project.

It’s still relatively affordable compared to bigger cities, has strong rental demand, and no state income tax, which is always a plus.