I noticed the market was shifting, so didn't run to get under contract until day 43 of the identification period.

How do I access a portion of that equity to fund the purchase of 1-2 more MFR properties in more affordable markets like OH, IN, MI, PA, TN, or AL?

STR seems to have better tax benefits (in the right market) but is it worth it at a distance ???

Both Charlotte and Raleigh are very strong growth markets, for all of the reasons that you mentioned.

@Jacob Flaxman, I am not familiar with this market, so take what I have to say as more of a general comment.My first thought is $250k to build a two story, two bed "house" will cost more than $250k. 

Hey Jimmy- I'd be happy to discuss how things are in Beech and what the short term rental market looks like.

It's not RTR's fault the property can't absorb proper cap ex, that's a product of the market.

I took my thrashing as you know in 2020  I do know some of my clients that sell turnkey have been keeping the houses and doing BRRRR instead of selling them to investors that part of the market has slowed signficantly for many in that industry.

I have found a good market and have built a good team thus far and I'm ready for my first flip.

Having a problem tenant and dealing with eviction could happen in any market.