And read this post for a perspective on the issue: https://www.biggerpockets.com/forums/51/topics/1136752-expla...

A lot of the housing stock in that area is quite old, and you already reviewed the data about the sub-market's issues.

I have an investment thats been stable. has not required much upkeeptwo years iv owned it without much difficulty finding renters hvac, roof without issues so far but are on the back end of expected life.  

We have worked with probably a dozen different contractors/roofers to resolve exterior water penetration issues and they have all been hit or miss.

Title issues, seller issues, non-refundable deposits, no inspection period, lending issues, appraisal issues, liens, IRS liens, city liens, no wills, unpaid back taxes, solar liens, and all kinds of other crazy stuff.   

While my tenants have been great, dealing with all the issues and repairs that have come up have been a real headache.

If you do a  search of this forum you will find that financing properties in CR is an issue, though the nature there and lifestyle is very attractive

https://www.biggerpockets.com/forums/51-tax-legal-issues-con...

I am not sure how you are intending to manage, but beware the local labor pool is not the greatest and I think you may have some issues finding either decent management or finding decent workers if you intend to self manage. 

The issue is that if I choose to invest in LTRs not in Coastal Carolina, I lose the ability to monitor and check in on the property without a very long commute.