I would pull a FHA loan for $665,000 and live in one side and rent the other side out to a family member for $2,000 a month.

If this was me, I would leverage my equity into a commercial office/retail/industrial multi-unit or multi-family property.

Where we invest we have family so we do visit a few times a year and can always have family go visit the property.

My family has owned a farm there since 1831 and my brother still lives there.

The local who lives there but commutes 30-60 min to another community because they can’t find a job to support their family in their town.That same local knows that a 4plex would be great on that lot that’s been vacant for 20 years and that there are at least 4 families who could benefit greatly from that development.That local knows that Ryan’s plumbing and Katie’s electrical companies that service 75% of the town really needs a new flex space to use as a shop, storage, and parking for their business so that they aren’t working out of their garage and can hire a couple of locals to work with them at the office and in the field.Development is different in our small towns but if locals aren’t the ones doing it, and developers aren’t coming, what happens to our kids futures?

Keep in mind these are duplexes so double kitchens, appliances, hvacs ect.... greater cost than a single family.

Hi everyone,I’m currently evaluating a multi-family property in St.

Benefits of the ATI ExemptionThe ATI exemption offers several key benefits:Reduced Tax Burden: By lowering the assessed value, property owners can significantly reduce their property tax bills, freeing up resources for other investments or operational expenses.Encourages Investment: For real estate investors, the exemption makes South Carolina a more attractive market by reducing the tax impact of property acquisitions.Substantial Tax Savings: The reduction in taxable value can lead to considerable property tax savings over time.Multi-Year Benefit: The exemption can apply for up to five years after the sale (based on SC revaluation cycles).Wide Applicability: It’s available for various types of properties, including multi-family projects, commercial properties, and even vacant land for development.Who is Eligible for the ATI Exemption?

I am purchasing my first rental property (multi-family) unit in Salisbury North Carolina. 

Midwest City and Moore are solid choices too, especially if you're targeting military or family rentals.