Why did you pay cash for the home in North Carolina?

Originally posted by @James Green:@Jerry Shen, http://www.newsweek.com/north-korea-hacking-war-bitcoin-exchanges-part-biggest-global-sting-752161..I'm just saying..... 

My suggestions:* Requiring code compliance and safety equipment is absolutely valid and should be part of the regulations* Requiring owners live within 15 miles is not necessary since poor hosts whether they're local or distant will violate the 3-5 warning system and earn a suspension.

So, for now, I will focus on Rhode Island, Florida, Tennessee, Georgia, and North Carolina.

Still much less than you'd pay in many states up north. 

I'm over on the north shore Haleiwa.

Typically max leverage is 70CLTV - very higher Prepayment penalties and be ready for rates north of 12% - I answer this question all the time.

Currently have three more in progress right now in both North Carolina and South Carolina. 

Right now there's huge concentration, but as this continues to build out and we see north of the high 30s GW by 10 years from now it'll be almost a requirement to keep some type of locality based risk assessment and to diversify. 

If you look at the one mile income radius and you see median household income at 45k, then take 30% of that or $13,500.