I did a quick Zillow and there's plenty in that price range in the general area so you may be able to find one right in those sweet spots with some digging.

So it is really important to try to get everything repaired before COE or the builder will take their sweet time getting to you/find an excuse to get out of it. 

The reward/risk ratio in this niche is quite disturbing recently, perhaps market condition would be better in the next few years when cap rate reset is over.One area where I see a sweet spot in syndication is in the industrial space where cap rate volatility only move by 25 bps and expected loan default is less than 2%.This is also why I keep saying syndication is not active investment. 

. :-) Hahaha, I'm actually much more of a wine guy than whiskey or spirits.

I'm not sure if this is a grey area or not but would be sweet if someone could clarify.BTW, it's apparently common knowledge that the buyer's agent commission sells more homes at the 2.5% to 3% mark. 

If it works in this environment with tight conservative underwriting you can be confident in your decision making and when things calm down you may just have a sweet deal on your hands.

I spent 25 years at my laptop, so I'm looking to do something more hands-on.An idea that hits the sweet spot—it's more hands-on, it's related to my interests, I can use my previous experience—is to start a business helping Raleigh-area MTR (and possibly STR) owners set up their rentals.

Bonus depreciation is an incredible tax benefit, but when you take the time to combine it with the right property and sponsor, that will prove to be a wining formula.Disclaimer: I am not a tax advisor or CPA.

I'm Billy Miller, originally from the sweet tea paradise of North Carolina, now living it up in the Garden State with my fantastic crew - my wife and two awesome daughters!

Populations in the 300-500K range are generally a good sweet spot.Roll multiple smaller cities/towns up into one larger “target market” if you need to Reasonable Property PricesStaying at or slightly below median market value increases your odds of success since there are more buyers/sellersHigher price points can be very lucrative but typically require more time/money for marketingGrowing or Stable EconomyTarget market should have positive economic growth expectations.