In my neck of the woods it is the minimum is around 50k.

I would get an LLC just on the fact if an injury occurs on my rental [which God forbid I hope never happens] and i'm taken to court, I want my personal property protected and limited to the LLC.

Everyone is talking about the "boom" that is suppose to happen in my neck of the woods in the next 5 yrs, so we thought it was as good a time as any to start investing.

Hey again all, returning to this forum again after an extended period of time due to three factors; personal physical injury, a economic nightmare downturn in my industry and the self-loathing that seemed to creep up on me due to both.

I want to invest but currently I can't drive due to my knee injury.

I should be in your neck of the woods by then.

If you can find a discount property, or do a house-hack 2-4 unit it could be a great deal for you.I own 1 SFR in Colorado Springs, so I am not neck-deep in the market, but do keep an eye on it from a distance.

My wife and I live in Porters Neck in Wilmington, and we used to live out in Leland. 

In my neck of the woods, it's very hard. 

Seems like you've already got some people in your neck of the woods reaching out!