As someone else stated, once you own a property in SC your property taxes will be about triple that of an owner occupied person!

I've been going to local RE meet ups and talked to other investors who have used many different strategies: out of state, syndications, NNN (triple net), commercial, AirBnbs, mid term rentals, co-ownership, house hacking, etc.

I save up every 3-5 years to buy 1 property 1.25x DSCRd, ideally through BRRR, and buy about 20% of my downpayment worth in a high-rate not fund--high rate as in a 2-5% above prime but not this egregious triple prime super high risk nonsense).

My eyes used to glaze over when my hubby tried to explain it back then, but now he has my FULL attention on this topic.I definitely think it is a big risk BUT the potential rewards are so vast that I think it is crazy not to dip a toe in with whatever amount you are comfortable gambling with.We saw our light coin investment almost triple in about one week...nothing else I’ve been involved in gives those kinds of returns so quickly.

Contractors like what is being described are simply not going to pay double or triple because of financing. 

You could explore triple net leases, purchase BRRRRs, or buy 1-4 turnkey rentals, among other options.

It was in fairly good condition, and I KNEW I could easily lease it out, or lease sections to various business, or sell it for double or triple what I paid. 3 years later, having not even received an offer to lease AT ANY PRICE, I sold it for $25,000 LESS than I had paid.

I explained how they could triple their water source from their land.  

I'd first triple check the loan can actually be assumed.

@Andrew MaturanaTo gain a competitive edge in the hospitality industry, explore creative ventures, Triple Net investments, house hacking, syndications, joint ventures, and leverage business acumen, networking, and resources.Good Luck!