There are state specific items to take into consideration.

Having toured some of the most prestigious, expensive and historic estates and properties from Brookings to Astoria, there is still considerable investment opportunity at the very high end of the luxury market.

I did confirm that in North Carolina, per the Statute of Frauds, any agreement lasting a year or more must be express, in writing and delivered to both parties, along with consideration (which I remitted via wire). 

Your interest and holding costs will also be considerably lower.

One week into 2025 and the US housing market is facing considerable new challenges. 

They’ve likely invested a considerable amount of time and money into it.

Thank you for your time and consideration.

The rent control in some cases is really unfair to the landlord as the percentage increases are virtually irrelevant when the rent is a small amount.

Are there any unique considerations or red flags you look for compared to the traditional rental process?

Also I understand the funds aren't available for the improvements so that is another obstacle that has me leaning towards price reductions to move on as soon as possible.The exit of lower tier SFH's is something very few investors care to consider when making their investments but deserves far more consideration.