Replacing foundations and basement re building the well.The job cost 650,000 the house was worth 350k.Four years later the soil passed the new well passed.....insurance paid 90% thank god said my seller.6 years later we sell the house.Always do a tank scan they used to just leave them or fill with sand usually people fall in them or the ground opens.When you get oil and a well.....can be double trouble costs can spiral especially if your seller has no insurance 

Not all school systems, property appreciation, etc...translate to better returns, just because they are low/high.Each type of resident, buyer or renter, evaluates many of these items and measures them in their decisions to "move in" based on where they fall in their priorities. 

@Bryan McKeen while I'm waiting to hear back, I had the thought that you might also try asking your insurance agent.Snow removal is obviously a big issue with tenant "slip and fall" lawsuits.

I also like that it is a good entry point for a teacher like myself who is just starting out and doesn't have a ton of capital to invest.My plan is to either buy/renovate with cash (either private or hard money), furnish it and rent it out via Airbnb/VRBO and fall back to LTR if the STR market doesn't pan out.Does anyone have experience in the Columbus, GA market?

Deals with this kind of profit built in including a $6k wholesale fee aren't usually falling off the trees these days. 

Now the home has to go back on the market, but the hot summer season is over, so now they're trying to sell this pig in the slow fall season, and it's been vacant for 3 months at this point, hopefully squatters don't come in, oh and their insurance carrier just tripled their premium since it's now long term vacant real estate.

Closings fall through on unique properties.

Closings fall through on unique properties.

@John Mocker thanks for the input, that’s is also something we could fall back on.

I think that *maybe* annuities fall under that rule too.