Those tend to be the smaller type of deals of course and in more tertiary markets, but not a bad strategy.

Of course, with all things, the answers to all these matters will depend on the circumstances.California tends to have more laws on the books and requirements and restrictions that it can be a good idea to form a CA LLC for out of state property so that you as a CA resident are covered, and to try to have your contracts fall under the purview of CA courts.

Memphis has a pretty affordable housing market and tends to offer solid rental yields, which might align well with your goals.

In our area Oxford tends to work with a few agents and investors.

Interest RatesCurrent Seller Financing Rates: Seller financing rates tend to be higher than conventional mortgage rates due to the increased risk for the seller.

That's the easiest, least expensive way to get started and investing in that way in your local market will have a much greater impact on your financial future than buying a cheap house in the midwest- those "cheap" houses tend to be very expensive. 

FHA has the self sufficiency test which also makes 4 units more valuable because you have a better chance of pass the SS test with 4 units versus 3 units. 2 units doesn't require the SS test so buyers also tend to like that inventory for FHA so they can avoid the SS test. 

Hello everyone,I’m currently exploring opportunities in new construction projects in North and South Carolina and would greatly appreciate any insights or resources you might be able to share.Specifically, I’m interested in:Key areas with high demand for new constructionBest practices for navigating local regulations and permitting processesRecommendations for reliable contractors and suppliers in the regionAny recent market trends or data that could inform my investment strategyThank you in advance for your assistance.

You’re right, sometimes I do tend to overthink it.

They tend to run anywhere from $100-150K per condo.