Ok BP this is an actual situation. So a family member gets sick and let her house which was bank owned with a mortgage get behind on her mortgage and utility bills to the point of potential foreclosure. Her sister ste...

I have had instances before where overseas they get hit with a bad storm or earthquake and they are out of commission for a week.I have found using local people close to your business tends to work well at least it has for me.   

At first glance I look at the cap rate, location, and condition/quality of construction to narrow down properties I'm interested in.

Not sure how reputable/quality that site is yet...https://www.rentjungle.com/average-rent-in-raleigh-rent-trends/

Every good contractor goes bad at some point (sorry to sound grumpy, but they've been extra frustrating lately).  

Although house hacking is worth it on a deal by deal basis, do not write off all of SD as a bad deal.  

My cabin is also positioned in a weird spot marketing wise, it would not do well as a short term rental as it's not fancy or equipped for family and not large enough and not the right long distance views to compete with the higher end properties.  

Hi @Ricky Hopp I am also an Investor, and do a lot of work for/with other investors, I focus on distressed properties where a deal can be found and value can be added to the property to increase rents or get a better quality tenant in the property.  

I feel bad if people pay the $15 credit check so I only do one applicant at a time.  

So I've seen quite a bit, had learnings from my own properties, seen the good and bad, etc.