Here’s how you can evaluate the investment potential in this area and ensure it aligns with your goals:Local Market Research: Since these are new homes and there isn’t much inventory for 3-bedroom, 2-bathroom properties, you could benefit from a high demand and low supply situation.

It's not a perfect measure, but it's very close and year to year consistency is highly reliable due to limited new rental inventory

Try to assist them with some independence in this world of insanely high rents.   

Take a look at areas such as Burlington, Mebane and Graham (Alamance), and Greensboro, High Point and Winston-Salem (Triad).

True foreclosures are high-risk and not for new investors.

We are still in a very tight, low inventory market- but appreciation has never been higher- it's a great place for a wealth-building investment portfolio- it sure beats the highs and lows of the stock market! 

You would need a vast amount of capital since the area is highly affluent, with some of the best school systems in Georgia. 

Question, with loan interest rates at a high currently and cash money sitting in the bank making 4-5%, maybe have your partner do a private loan for 6.5-7% short term until rates comes down??

Especially, in some areas of the country were appreciation is high.

I've always thought that the annual Fair Housing training we always had to take in banks was stupid and almost insulting to our intelligence, but after seeing your post, I would highly recommend seeking out and taking courses on Fair Housing, ADA, and other relevant real estate-related regulatory courses.