Hi Monte, returns are certainly better in Greensboro than Chapel Hill (meaning per square foot prices are lower in Greensboro) so if you are trying to get in the door, would suggest trying Greensboro.

However, in my experience there is a lot more competition for larger properties these days which translates to higher prices and lower returns.That may not be true in your area so I would encourage you to just review as many properties as possible and run the numbers on all of them.

Its currently occupied and the rent being charged is way lower than comparable houses in the area.

Maybe $2450 a month for a 3 month lease - month to month after and a lower rate for a year or more.

What will you change on your next flip to decrease the renovation timeframe?

A friend told me there may be a way to defer capital gains taxes if purchasing a home within a certain time frame.

Expensive cars and their corresponding car payment is the biggest reasons Americans stay poor or lower middle class

I lost a ton of money but learned a lot.What I would have done was purchase a multi-family property to lower my living expenses and even earn income.

Rents are a little lower than other parts of town.

Madeline Graham I’m finding quite a few properties at prices lower than that.