Rent is in super high demand around these parts as its centered between a major ski town and the previously mentioned "Booming" Coal mine towns. 

I've seen this first hand or from direct convos with other investors in North Center, Irving Park, Belmont Cragin and Portage Park. 2-4 units in these types of neighborhoods are still doing very well.

It's in/near the mountains and close to various attractions like the Tryon Equestrian Center and Pisgah National Forest, so we feel a full-on hotel wouldn't do the area (or travelers staying here) justice, and that individual cabins would be best.Now when I say small, I don't mean the stereotypical tiny house on wheels, but 400-640 sq ft cabins on crawlspaces.

@John Casmon appreciate you responding.Some of the amenities at the asset, indoor playground, outdoor pool, fitness center, biz center, playground - although dated, rec room with pool table. 

.- I thought that with a 100+ unit building the key buying principals thing is location, proximity to job centers, unit mix, and access to mass transit. - Beyond that you want to ensure that you can stay as close to 95% or whatever the variance is occupied.  

Especially in Center City Philadelphia and throughout the Main Line.

The drain is near the center of the tub.

I am relatively new real estate investing but have done my fair share of researching and am now looking to start up my business centered around wholesaling then work my way up to Fix & Flips, Holds, and Rental properties.

The reason is a tenant might do shoddy work on the cheap side just to open and then try to pocket the difference in TI if you just gave them the money.When my clients buy strip centers you walk the units to see the level of interior finish quality.What I mean by higher cap is actually lower cap.

It's were they built a google data center several years ago.