While @Phillip Austin mentioned Raleigh is a higher returns its just very much a appreciation market, you will not find rentals that cashflow, so depending on your goals its a good or bad market.

Go to Dennis Block's FB page and sign up for his webinar Friday at 10:00.   

Just a good person too if you want to bounce any ideas off her. 

I ran the type of numbers I would do for my CFO clients and came up with the following proforma: https://drive.google.com/open?

While new-home sales are thriving, the rest of the housing market is struggling to keep up.

Well done on 50K saved up. 

@Joshua Christensen wouldn't expenses naturally be less if the seller's just spent about $75,000k on cap ex improvements? 

What comes first?

Knowing the rent will likely show up each month—even if the tenant has challenges—removes a lot of the uncertainty that can come with rentals.The people listing this apartment as a “Section 8 property” are likely trying to target buyers who value that stability.

I know for example we can fund up to 90% of the purchase and 100% of the rehab when we're funding the purchase and the rehab.