Southern impression is primarily a single family home builder and their floorplans are all too large for profitability. they are overbuilding each unit and adding unnecessary things like garages that don't get you any income and only drive the construction values up. a garage on it's own isn't with much more than what it's built for and doesn't really add to the equity gain in new construction 

I used a local independent agent and when this was his best answer - I tried to shop for other options and came up empty so far. 

an advantage might be something like:-used to live there and know it well-it's close by-have friends and family there-like to vacation there / want to own a second home thereif i were you, i would pick a market you can go to in person often, or at least in the beginning when you can look at properties and set up your team. 

I have done a few rent to owns over the years, I actually just closed on one the beginning of September.I Converted a long term tenant into a buyer.  

I'm eager to soak up knowledge, learn from your experiences, and share my own as I navigate this journey.

We have one owner and one tenant so far and we are currently setting up Buildium.

When you talk about liability you can offset that by making sure you have a good Insurance policy and close the loan in an LLC.LLC protects you and your assets from lawsuits and any litigation from any and all accidents/injuries.

However if you purchase a unique property with a view, close to town, etc.

true cash flow is only going to come either (1) after many years of ownership, when the property is stable and rents have gone up; or (2) with a completely different, probably tougher strategy or niche.think about a down payment, closing costs, light repairs, rent ready costs, commission to the property management company, then you fix a dishwasher, then in year 2 the furnace goes.

I work closely with 7 or 8 investors that all specialize in fix&flip as well as "fix&rent" type loans and can help provide insights and rate quotes/cost total estimates if needed!