Some neat shops and bars there, and a brand new fishing and entertainment pier is scheduled to open this year.Congrats on your STR in Savannah! 

That’s why you get a discounted interest rate and a lower downpayment, because owne occupant properties are low risk. 

build to rent is great. they are an intermediary that help investors contract direct with turn key new build. they are pretty sophisticated we have sold a house so far and we are looking to sell other multifamily with them. there is a vetting process and as an intermediary they don't control construction they help vet builders and establish relationships. they have a big team. the other builder I've never heard of but unless you can see your house I wouldn't touch it. rent to retirement has a strict policy of 90 days until certificate of occupancy until they will send a deal out they are good at what they do and I'd recommend them. they have options all over the country and established relationships.

Your 1000sqft 80k renovation will cost you roughly the same on a 120k property in a class D neighbor and a 500k property in class A neighborhood.

$6k tax.Ins,hoa, not to mention utilities . took out a HELOC off of our personal home ( res.worth $900k, and a 260sq ft studio, mtr. $1450 mo.) for$ 220,000 for the deposit.

Once you go above $125k/unit you start to get into the high end areas that won't have very good rent/price ratios and are under the 1% rule mark for turnkey stuff.Neighborhood wise in the city the "East End" is where the most expensive real estate is since that's where the universities and a lot of the hospitals are located.

I'm an investor and a landlord, but also a sentimental fool.

It’s a faster path to big returns if you crack it.Why Choose It: Economies of scale, higher income potential, and a single asset to focus on.

Multifamily is recovering and as rates start to slightly come down more multifamily deals are being reviewed.

Foremost and a personal umbrella policy.