For cash flow, I'd recommend checking out the Triad (Greensboro, Winston-Salem, High Point) or Fayetteville in NC and Sumter and Florence in SC. 

The rules and payment standards vary significantly from one area to another, so familiarizing yourself with the local housing authority's procedures is key.

I would also check median home prices vs. rent potential, landlord-friendly laws, and supply vs. demand trends.

I'm hopeful we can find more productive ways with less red tape in the future outside of LIHTC leveraging technology since standard construction really could use an overhaul.  

After 12 months, you can use the rent payments as part of payment history, but only if you can show cancelled checks or payments thru a bank account - again, NO CASH PAYMENTS!

I'll double check with a few tax strategists we work with and update this thread if I hear different. 

. - Once an owner knows what materials are being used, they can then check pricing at Home Depot, Lowe's, etc. - Some materials for bigger jobs, like concrete, are harder to check pricing on.

Hi Jerrell,  The best option for trying to get a HELOC on a property would be to check with local credit unions. 

•Check their rep everywhere—Google, Facebook, BBB.

Local REIA groups and meetups (check Meetup.com or BiggerPockets) are excellent for connecting with both new and experienced investors.I’d be happy to grab coffee and chat about the market or share insights.