I put it inside of a tissue and brought it with me to the closing. 

As we start to do a deep dive of the market, we would like to connect with fellow investors to get the lay of the land, insights on where to start poking around, areas to avoid, what strategies are working for them, etc.

As many others have recommended, I would definitely do some deep research into an area to understand what housing rates and property taxes look like in the areas you are interested in.

HML outfits usually have capital partners with deep pockets. 

 @Stuart Udis:OK, yes new investors- not deep pockets.

Unless.... your happy to be VERY cash-deep into it and ready to absorb the hit's of a LOT of time delays and additional expenses or cost over-runs.

If you decide to entertain this, due diligence will involve digging deep into the business financials to understand cashflow, solvency, and liquidity, his personal finances, and searching for any liens or UCCs in place. 

That being said, here’s which zip codes are better than others:1.28607 (Boone) 2.28605 (Blowing Rock) 3.28679 (Sugar Grove) 4.28618 (Deep Gap) 5.28692 (Vilas) 6.28698 (Zionville)Also, a map of neighborhoods within Boone City ranked:Waldport is ranked above the national average, however it is slightly below average compared to the rest of Lincoln County zip codes.

Do a deep dive on the property too, checking it's all clear to sell and there aren't any hidden surprises.

They did a deep review of my listing and called me back.