*This post is informational only and is not to be relied upon.

*This post is informational only and is not to be relied upon.

But the real question is given the growth rate of the Greenville, SC is it ok to rely on Equity on appreciation of house for the long term?

If you listen to the end of Powell's speech yesterday the most important part was rarely commented on by the media which is when he said, We will continue reducing the balance sheet. translation, They are continuing to let Mortage backed securities and US Treasuries roll off without renewed purchases.

Investing out of state is cheaper for the purchase if you live in an expensive market, but when you have to rely on someone else to do everything that obviously adds some cost. 3.

The information contained in this post is not to be relied upon.

Would you rely solely on a local property manager to handle these responsibilities?

Higher Costs for Distressed PropertiesTo comply with the new regulations, flippers will need to rely on licensed contractors for repairs, who typically charge higher fees than non-licensed labor.

They require less hands-on management making them a great way to gain experience and build trust with local professionals down the line.The BRRRR strategy can be profitable but it relies heavily on trustworthy partners. 

And that is true, but that is also sort of like saying "to mitigate the risk of investing in Apple, and relying on their decisions, I will start my own tech company" (okay, that is a bit extreme, but you get the idea).