Thank you and I hope everyone has a healthy and prosperous 2016!!

In a perfectly healthy market, economists estimate that there would be about a 6 month supply of homes.

With good credit and healthy reserves this shouldn’t be an issue. 

One good deal with healthy margins will make it worthwhile. 

I have through my brother a healthy stream of investors which I believe positions me in a better position than most wholesalers.

I agree that the longer term view for rentals is probably pretty healthy, but having lived through the 80s bust, I'm fairly cautious.

. - If I want to buy and hold there needs to be a healthy rental demand. - In the past in other neighborhoods I was shown really good deals by brokers and others but I had to find out through word of mouth that there was a glut of rentals and many remained empty.

The Charleston market is healthy and looks to stay so going forward at least for now.  

We can command strong rents and have a very healthy tenant pool.Some numbers: Based on the comps, I believe we could sell for north of 200k (let's say 210k for the sake of math) We purchased the property for 130k and currently owe 117k The mortgage, all in (PMI included) is about $970 The rent is currently $1625/month (tenants now on month to month)Our strategy is really buy and hold.

Get a good lease, a healthy deposit and do a video walk through of your place before you turn over.