So we are familiar with the north GA, western NC area.My wife's aunt and uncle are selling their house in Franklin, NC.

The right market for you depends on whether you prioritize cash flow (Augusta, Columbia) or long-term appreciation (Greenville, Huntsville).

Purchase price: $68,000 Cash invested: $70,000 Sale price: $195,000 I purchased a long-term rental property from the MLS that had multiple contractor issues and significant delays.

@Jaycee Greene is pointing out that we need to be specific when we are planning to meet with people.

Quote from @Ryan Raven: You can usually be a property manager without a license as long as you are a direct employee of the owner.

Once the renovations are complete, you could either refinance it into a long-term loan or list it for sale.Happy to answer any further questions!

I can probably give you another dozen questions.Is 75 days a long time for a quad in your area to be on the market?

Largely, the appreciation in housing prices is coming from both new migrants and investors coming from the East (GTA) as well as international countries (predominately from the middle east).We are also seeing drastic increases in the rental rates which in turn are pushing investment property prices up as well.

David, this deal could work, but I’d want to dig into a few things first. 80% occupancy with long-term tenants is solid, but what happens if a major tenant leaves?

This will provide some amazing long term appreciation!