I hear the proximity to the airport, being near Lake Wylie, and less rush hour traffic are the main motivators drawing in the speculative investor.  

Current P&I+tax & ins =$800/month, so it will not cash flow for ~6 years when the main loan + rehab work is paid off.

This topic talks about BAH and how it factors into rental decisions made my military personnel.

Please let me know what you think about this deal the area is being revamp and its 2 blocks from main street and the beach.

@Will Pritchett I plan on doing mainly buy and hold but if I can find a flip or two in-between I would like to try that as well, I will definitely contact you if I have any questions thank you very much!    

I deal in debt mainly and some of my foreign investors choose to do portfolio interest notes.. and with tax treaties they can pay no income tax in the US on gains here.. that's pretty nice.. complicated but its out there if you want to spend the time and effort to figure it out.

The Main issue is having enough captial to purchase and rehab (due diligiance from title and the physical property itself is required). 

Money is not a huge limiting factor when it comes to real estate.

Its mainly to get a criminal background and eviction record.

Maybe it is due to low down payment or some other factors.