While I'm well-versed in the Australian market, the U.S. market is completely new to me.

Are you getting the property at market rate or below market rate?

The residential lease market in Washington, DC, from January 2024 to January 2025 has experienced some changes:Units Listed: The number of units listed decreased by 78, a 15.92% decrease, from 490 to 412.Listed Median Price: The listed median price increased by $175, a 6.19% increase, from $2,825 to $3,000.Units Leased: The number of units leased decreased by 58, a 19.86% decrease, from 292 to 234.Sold Median Price: The sold median price increased by $100, a 3.51% increase, from $2,850 to $2,950.Summary: A decrease in units listed and leased indicates a reduction in supply and demand year over year.

You have to understand the market, neighborhoods, numbers, and realize the risks involved buying houses "sight-unseen".

But I wish I never invested through them. 

Is this reasonable idea for this market?

Hi David, take as much time as you need to learn the Nashville market.  

Quote from @Andrew McArthur: Hi all, I'm from Toronto and been doing research into South Carolina's Multifamily market, specifically Greenville, Charleston, Columbia. 

Lexington is a weird market with low occupancy, 90-92%, and there aren't many assets in the market.

Know your market cap rate and you can quickly determine whether property is worth a closer look.