All SC investors should keep in mind that non owner occupied homes in SC are charged a triple property tax.

With the $10-20k/unit, as you mentioned, I could likely triple or more the appraised value of the complex.

They can take gain and roll it into a triple net investment for the same type of annual cash from from installment sale and exit their old business cleanly.

It didn't sound like there were any major issues with the rent control from what you have stated, but it would be good to double and triple check if you were seriously considering it.

Someone mentioned 8k to 12k closing costs.The cost to buy a triple net property ARE WAY MORE than that.30 year amortizations are generally reserved for MTNL (retails strip centers) with multiple tenants for the income stream as they are underwritten by lenders differently than STNL.I have seen a few times when lenders would do a 30 year amortization for STNL schedule but LTV was really low like 30 or 40% so putting 60 to 70% down.

But most important, closed successfully on 60 Real Estate properties, making my buyers (money) happy and me tripling my income in one year. 

Plan to triple number of homes in three years. 

I own several triples through the years, and I always went the fixed rate mortgage route.

I do tile and triple-polyurethaned solid hardwood in the very cheapest of rentals.

I wish my family had a triple in the Boston metro