North Carolina always seems to be a strong and stable market. 

I guarantee it will be a lot less headache than separating every property into its own LLC with separate books and bank accounts.From a tax perspective it wouldn't matter too much since I assume all of these LLCs would be single member an thus treated as disregarded entities, which means it would flow directly to your Schedule E.

E-Book: Multifamily Prediction in 20203.

We’ve owned it for 14 years with stable rental history the entire time.Looking for $110k to purchase and renovate the next property.

(e) Building homes for future sale (except under the Builders CAPLine program).

Doesn't give you as much upside in value since you wouldn't be buying a complete gut, but it's a little more stable and feasible in this market.Love the BRRRR book!

@James D'AmicoHey James,For a conventional loan, underwriters need to know that your income is stable and likely to continue.

I'm also actually attracted to the slower, more stable economy of GB and Wisconsin. 

I have zero debt, an excellent credit score, and a stable W-2 job in Civil Service.

I'll say this ... after landing here 20 years ago, and being in real estate for 17, this (NRV and, to some degree, Roanoke) is a unique, stable market.