Cause that's not going to work in my favor.

The seller was motivated to close quickly, and we negotiated a favorable price of $80,000, allowing us to secure the property at a discount and capitalize on its renovation potential.

The minimal need for renovation and favorable market conditions in the Jasper, GA area made this an attractive opportunity to capitalize on.

The favorable areas listed make sense. 

Columbus might offer better cash flow, while SoCal could appreciate faster.Consider your property management strategy—if you're not local to the property, having a reliable manager in place is crucial, especially with S8 tenants.Crunch the numbers: Make sure the deal works in your favor with or without S8 tenants, factoring in all expenses, vacancy rates, and maintenance costs.Hope this helps!

Quote from @Kathleen Park: I recommend you educate yourself on "ordinary wear-and-tear" vs damages, depreciation, and your state laws.Do yourself a favor: buy "Every Landlord's Legal Guide" by NOLO.

Pros and Cons of Out-of-State Properties:If you're still considering Conway, SC, or Florida, here’s a balanced take:Pros:Lower entry costs: As you mentioned, condos in these areas are more affordable than in Akron, which might allow you to get better value for your money.Potentially higher rental income: Higher rents in these markets could result in better cash flow, especially if you get a good deal.Less competition: If properties are sitting on the market longer, you may be able to negotiate favorable terms.Cons:Management complexity: Being far away makes it harder to oversee the property.

House hacking and FHA loans can help qualify for lower down payment loans, while local banks and credit unions offer favorable financing options.

In NC, SC, VA the entitlement process takes up to several years and potentially a lot of money for any implementation above 5 MW, which is why I favor the <500kW exemptions for "small scale" solar farms.

A motion for contempt of court was filed on 4/2/2024 as BlackTip had no attorney and failed to file the court-ordered financial information sheet after the judgment.