Just from a credit, income, and experience standpoint, two years in college will teach you a lot about the local market and you will be able to understand who lives off-campus and why.

I can’t speak much about NC’s market, but if you’re struggling to find the right deal locally, consider exploring other markets.

We purchased this property off-market with no realtor, saving on commission fees.

Markets swing.

Off market preferred.  

I’d like to diversify into another market in the near future - so we may be looking again in Montgomery.

Utilizing Seth's local market expertise, we quickly assessed the property's potential.

Most banks are going to write as @Chris Mason mentioned - 5-10 years/ 20-25 year ams in this market.  30 not so much, especially on retail. 

Overall I have had a very predictable and overall positive experience investing with them across a few different markets for years. 

If you are planning on buying it with a smaller down payment, that will also increase your mortgage costs as you are borrowing more and also need mortgage insurance.The price of the home (from the seller's perspective) is based on market value and condition, not on whether or not it matches the 1% rule.