It will pass the 1% rule per unit.Does anybody think this price after all expenses is to high ?

@Michael NievesThere are rules about occupancy when you use a VA loan.Intermittent occupancy due to work is okay as long as you can show that you have a pattern of continuous residency in that community...

I couldn't get any clear hard and fast rules but if it's 6 stories and below, depending on the year built, it's probably wood frame.

The generally accepted rule is to wholesale the properties for 70% of Fair Market Value (FMV) less the cost of repairs. 

Conventional loans, those that meet Fannie Mae/Freddie Mac rules, are only available for properties titled to an individual. 

The City of Charleston has had the hardest time with their regulations, but I think they're nearly done with their proposals and will be enforcing some rules soon.

Certainly not looking for 1% rule or anything like that!

I just wanted to write a quick post about the FHA/USDA flip rule. 

The Airbnb rules are wide-open for Airbnb and short-term rentals down there.

I also think it’s against the rules of BP to advertise these services.