South Carolina (where I live) is a great state for many things but not rental real estate.  

I live in New Jersey area.

So - somewhere 2 hours away, or somewhere you like to vacation in, or where all your family lives, or where you plan to move someday.Too many people are trying to do exactly what you're doing - pick a market based on a formula - and they end up buying a random 'cheap' property thousands of miles away, turn it over to people they've never met or even spoken to, and then... lose money.  

Ideas for some of the paragraphs: - Future Setting: where you live, what you see from your front porch or backyard, what your kitchen/gym look like. - Family: Kids? 

Strengthen Your ProposalDevelop a Business Plan: Include:Vision: Your goal of creating a micro-home community.Market Research: Show demand for affordable or small-footprint living in your area.Financial Projections: Break down costs, ARV, and anticipated ROI.Experience: Highlight your previous fix-and-flip and demonstrate your learning curve.Present a Solid Development Plan:What is the size and scope of the project?

I've been following the build-to-rent method for some time and even lived in one for 2 years.

The property has to be considered 'in service' for you to list it on your tax return.In service entails a couple of items such as1) The property is in livable condition - Working bathroom, kitchen and an area to live.2) The property was advertised for rent.Best of luck

Quote from @Rou Odab: Hello everyone,We bought this house, and we're living in it and renovating it.

Homes are affordable and we're seeing homebuyers enter the market with a lot of assistance available from the city.I’ve been investing in Detroit since 2019 while living in California and own 12 doors.

Downstairs 2br 1bath unit we are living in.