to give some feedback, you will need to estimate the cost to repair the house; if you don't know how to do that, we just need some  information of what the house needs and the sqft of the propertyIf the house is, as an example, 2500 sqft, and It looks like you are stuck in time back in the 1980s, but the AC is working,  the roof is ok, and there are no foundation, plumbing, or electrical issues; I can assume maybe a $20 per sqft, so the rehab is about $50K to 60KIf the ARV is 290K minus 10% closing/holding costs, - minus 20% profit - $50K rehab, ideally, in this example, I need to buy the house for about $150K to flip it, but as a landlord, I may be able to pay a bit more, as long as rehab is not too much, and rental is about $3,000 to $3,500 a month

Hi Robin,I do a fair bit of business as a lender in South Carolina; a lot of short-term rental investors tend to focus on the Charleston & Myrtle Beach areas, but if you are looking for properties that are still reasonably priced and don't mind some renovations, Columbia can be a great choice 

 Looking for some insight on a few things before starting construction on my first rental property!

Additionally, I have a "Notice to Vacate" section in my non-standard rental provisions indicating that tenant and landlord must provide a 2 full calendar month notice to vacate. 

It's also included in the Rental Qualification Criteria given to applicants.]I provide approved tenants with the utility company information (name, phone #, website, etc.), as well as a link to https://www.fayetteville-ar.gov/4052/My-Fayetteville-Service...

@Russell BrazilVery trueI was curious so I used a property we took back outside of Pittsburgh as it was not a bad house but not a great area and turned it into a rental.

I'm considering short- or long-term rental but current demand is low due to the offseason.

(Rental property)1.

I was preapproved for this amount without my wife being listed on it (I want to get the first rental in my name, then once I show her it works she can get the next in her name.

New to Real Estate and wanting to learn and do Section 8 rentals and AirBnb's.