Overall, Bixby is a terrific sub-market with high demand for quality rentals.

If you are a whole seller  or know of a good one feel free to send me their contact info! 

I would’ve negotiated harder on my purchase for seller concessions.

I offered the seller a very fair price for their property, so it was a win-win.

Demand is likely to remain strong as Myrtle Beach was once again named the fastest growing place in the country for 2023-2024. 

@Janice Johnson - there is investor demand everywhere in the metro.

However, without my knowledge, the sellers executed a new 12month lease on 2-20-24 for less rent than what is needed to sustain a self sufficient operation. 

Check for any encumbrances or liens on the property: Before finalizing the purchase, make sure to conduct a thorough title search to ensure that there are no encumbrances or liens on the property that could affect your ownership rights.While you can start with a California Real Estate Purchase Agreement template, it's important to remember that each transaction is unique, and you may need to include additional provisions or negotiate specific terms with the seller.

While they've provided decent cash flow, the recent maintenance demands have been significant, with one tenant move-out leading to a $20k+ rehab and new appliance/HVAC costs. 

Well, its boring but it’s just econ 101: stubbornly low supply and reasonably strong demand for those relatively few homes = price go up.