If I wanted to do high stakes gambling I would go to Vegas and get free drinks not pay so gurus to blow smoke.

My brokerage hasn’t made it a requirement yet but has highly recommended it and the experienced agents are mostly doing it, especially the females.

turnkey means - you buy it with a high interest rate and high down payment, perform no value add, rent it out, and hope the HVAC doesn't go out in month 4.where or how is that 'cash flowing' right now?

For years we had a local chattel lender who took on higher risk loans for those without the large down, not super high credit, and on older homes.

It has been booming for the past couple of years with strong job growth and population increase.

Is the rent high enough to justify someone else investing in it?

Active Income - Passive income, from rental real estate, is not subject to high effective tax rates.

The Greenville market is strong - high population and job growth - diverse economic base including manufacturing, logistics and transportation, medical and leisure & hospitality.

I think it was some astounding estimate that in general, a significant degree of the US population lives check to check and will go into default of everything with almost any unexpected expense.

I would highly recommend being as up front with any lender you work with and to find a broker/lender/lawyer team that is all on the same page from the beginning and are familiar with these types of transactions.