5% MNT probably too low.5% vacancy with no experience?

You also only have 5% for CapEx and 5% for MNT, total 10%, and we usually recommend 15-20% for Class C.You'll also want to be careful with the property taxes!

All tenants are month-mnt.

Nashville > LA/Cali > Denver > Indianpolis > Blk Mnt NCI prefer East TN and Western NC...Don't move here its horrible;-)

MhcId=MNT.51

I ended up selling it for a tidy profit even after holding costs but, thats because i bought it so cheap and it was in a great area of Stone Mnt. ..they always say Location , location , location ... and that brings me to my next point ... location ... when buying in a area you do not know ..your taking a chance that the company your dealing with is pulling wool over your eyes .. i would suggest you consider finding someone that can look out for your interests .. a boots on the ground type of guy .. out of stare investing can be very rewarding but there are challenges .. if you would like to talk more to me about how i have helped other investors navigate most of these challenges , just send me a colleague request and ask away ..

Try to get into District 20 or Chyene Mnt school districts.

After that I'm going to be laser focused on buying as many doors as possible in the Louisville area; southern Indiana, Mnt Washington, Shepherdsville etc.

Charlotte "souburbs" (NC / SC) and Atlanta (GA) "Norburbs" in terms of Current and past rise in prices (P$), future growth (Gr%), rental potential (R$),  how good is the tenancy, quality of demography* (Demo: Best-to-Worst), maintainability (Mnt), availability of good rental mgt. companies (Misc) etc. crime rates (safest 1 to least 5) , natural risks (Disaster Index), Insurances (In$), property taxes (Ptax$)(Note: *Quality of demography has nothing to do with race, age, gender, family structure etc.

Hello BiggerPockets my name is Andrew Clifton I was born 02/08/1995.I am from Mnt.