Evaluating cheaper BRRRR properties would have widened my horizons and I could have possibly landed a better deal.

I like Horizon, Equity Trust, I Plan Group, Entrust, and Guidant to mention a few.

Finding the right properties to invest in are important, but this will be a slow, but sure fire way to build equity and pick up units over a 5-7 year time horizon.

I already have a third potential property on the horizon.

There shouldn't be big ticket items on the horizon.

Instead of the appreciation, you can make a return on your investment each year instead of waiting many years to sell for a large sum.In summary, the primary distinction lies in the investment goals and time horizons.

One other thing to consider is that if interest rates are rising there would be inflation in the market or on the horizon.

It's been difficult so far to find anything in a great elementary school district for under $100K - pretty much everything has been rehabbed to some extent and is running $110K - 150K (at the low end) or much more for nicer properties.At first, I figured I could still take out the HELOC on my Charleston home and then rent my house out, as gross income (rent - PITI+PMI+HOA) would be $660 and the house is only 8 years old, so I would hope no major repairs/expenses would be on the near horizon.

I'm 99% sure this actually depends on the actual numbers involved, including the time horizon and goals (IE: Paying a higher interest rate may add the most value, but it doesn't add cash or DTI changes, like paying off a property very quickly, which may be worth more depending on your goals, and if you're talking about gains in the next year vs. gains in the next 20 years... ect.)No fast answer here I am afraid, but most likely you have the general idea already down.... though the question is: If you have some high interest loans have you already tried to refinance them?

I'm looking for something <500-600K, which will generate decent rental income and will appreciate over time (10-15 years time horizon).