We moved into a nice house in Florida when I was a sophomore in high school.

Even though interest rates are high, we have a big Mircron plant coming here as part of the CHIPS act so that could boost housing demand in the coming years.I don't know the SYR market, but I did a quick search for duplexes somewhat outside of the city, and found this: https://www.realtor.com/realestateandhomes-detail/7300-Lakes....

They are usually looking at C or D properties that local agents tell them will “cash flow“ They usually don’t cash flow because of high maintenance and vacancy.

Also, if you need a quality GC in the Charlotte and surrounding area please reach out!

They make a trim removal tool that is a like saverDoors can be weird and no house is square and plumb 

Prices in relation to rent are too high to have the cushion that was available before. 

@Travis Boyd The quality of the neighborhood will affect the cap rate to be used.

The deal is risky unless you know the market well, have experience executing this strategy, and have accounted for the quality of the asset and tenant. 

But on this specific guy, I jumped on a call to explore the program and it was a high pressure sales call, it did not feel organic, not trustworthy and certainly did not feel the right fit.Why would someone spend 10k on a so niched-down space of real estate when they can get someone for the same amount to teach him/her everything?  

If you think you can find a higher quality tenant, then that is a different conversation entirely.