Every 5 years there will be a legitimate strategy that gets promoted as the newest "Get rich tomorrow" BS that gets overhyped by the sharks. 

I mean material as recently as late 2022 was totally off-base-- the real estate rookie bootcamp, you had porfer Morby on here, the Carl twins that promote STR as recession proof, the list goes on.

.- Diverse Property Portfolio: The area seems to have a mix of both residential and commercial properties, which could allow for diversification in your investment strategy.Strategic Location: Shelby's proximity to global markets via nearby airports, rail, and port facilities could make it attractive for businesses, potentially driving demand for both commercial and residential real estate.Potential Challenges- Economic Concerns: The unemployment rate of 13.0% is relatively high, which could impact the overall economic stability of the area and potentially affect real estate values and rental demand.- Price Discrepancy: There's a notable difference between the median listing price ($295,000) and the average home value ($201,945).

@Laura Ozols  Im considering the Hero loan only because I intend to pay off the balance in full before the 18 month promotional period expires.  

As real estate-focused accountants we cannot promote our services on BP as it is against forum rules.

Looking at the data you provided for Melbourne, FL:- Average rent is around $2,000-$2,100- Rents have actually decreased slightly year-over-year- There's a wide range of rental prices ($650 to $6,500)This suggests a diverse market with potential opportunities, but also some volatility.

FYI I've seen a lot of mentions on the threads from Realtors and investors from Columbus OH, really promoting that city.

I liked the diversity of real estate.

It is a diverse area where certain areas offer both, with lower purchase prices.

In my opinion, there are also more that are not so good and several promotional companies that do the industry no favors.