Just when you are doing your research,1.take a look at your growth,  I was only at 89 units  when I started with Appfolio and I now have 197 units. 2.  

Our next move is to buy a 3-fam in an down (but poised for growth) area further north of Boston.  

They are hot for a few years with huge growth and then BOOM the carpet is pulled out from under them by the next big thing.

These forums are immensely helpful with that.

What is the story of growth?  

Johns Island is poised for growth, but my gut tells me that the benefits of that growth is 5-10 years away.  

I don't think it would be a big problem or anything, I just don't want a tenant to possibly see my growth, pains and profits of my business if they're spoken about.

I see continued growth over the next couple of years, driven by quality job and population growth.  

That being said there's a lot of growth going on in all three of those places.

Anyway if they simply stuck it in a mediocre mutual fund (9% growth) and never touched it again they'd have about $2MM in 30yrs, $4.5MM @ 12% growth, and $5.2MM with the 12% + adding 3k per year......