our two houses are 4/4's and average around 74-80k per year each gross. we are at a 50% return but have little to no leverage. most that finance are happy to break even and have a vacation home.its really about the skin you want in the game. if your insulated and have a ton of revenue finance away, all my deals stand on their own, we have 20 properties and there are a lot of people that will leverage and leverage to have "100 doors" but id rather have 30k in income coming with 4k leverage in a month vs 100k and leveraged for 80k a month.bottom line in myrtle- n,s or otherwise- great market the more cash you have down the more you will enjoy it. if your a large investor and dont mind a bunch of pressure and thats your game more power to you as well.

The 1st position mortgage normally wants you to have skin in the game. 

I think it's hard for people to come from a w2 job and go to running a business, it's a different mindset and requires a thick skin, it's not cruel to develop your do's and don'ts/will's and won't its "just business".

But there might be some thicker skinned people then the ones that work with us.

From being a general manager for a dominos downtown across the street from an event center and down the street from a shelter, I’ve developed pretty thick skin.  

Maybe look into a local group meetup and find someone who is doing what you think you want to do and "partner" with them.Partnering doesnt have to involve funds, but involving funds can trigger rewards, and allow you to experience the details and strategies while having skin in the game.There's only one way to get in. 

If I paid a seller $500 for the option to buy their property for $20k within the next 6 months or give them a $500 earnest money deposit on a sales contract to close in 6 months, I have skin in the game as an investor.

I washed my hands, dried them, and couldn't unlock my phone because my skin was too dry.Technology is great . . . until it isn't.

Also, go 2 or 3 landlords back when you check references--if they're horrible tenants, the current landlord will say glowing things just so you'll accept them as new tenants--and then they won't have to deal w/ them anymore!

I would keep prop mgmt in place.I've been told that the Section 8 gov't agents visit the props periodically, and the tenant can lose their Section 8 if they don't care of the prop, so in theory at least, the tenants have some skin in the game.On the surface, I've been told by one St.