This may also give you a wet basement/crawl space.Wood is amazing and can get wet a million times, as long as it dries out between.I suggest gutters first and have them lead away from the house. 

Hey all,New investor looking to get my feet wet in the Charlotte Market.

I think I need to get my feet wet soon, I will be going to an investor meeting in my area that I found in BP to know more investors and see what happens from there.

I chose Shreveport, Louisiana because I had family in the area and after visiting and seeing the real estate prices, I decided it’d be a great market to get my feet wet.

I've been visiting family their and thought it is an opportunity to get my feet wet I.

Just buy the first good deal (strong cash flow after accounting for vacancy, repairs, capex, prop mgt, etc) and get your feet wet.

That was last year.THIS year, everything seemed fine and I was going to upgrade the flooring, but discovered the subfloor was wet, and I don't want to get into it, but let me just say I'm about $8,000 in and ready to sell.

Fortunately, I could sense that attic wasn't all wet phew!

Of course, depending on what deals become available, I would definitely consider doing multifamily, but I'd prefer to start with single family unless something jumps out at me.I've thought about this a lot, and here's a list of the advantages/disadvantages that I've assembled:Pros:     - Higher demand during the school year, meaning likely far more consistent vacancy rates (the main reason I thought about this idea at all - I like consistency)     - If it's a fixer-upper, I'll have the entire summer to work on it as my parents live close to the university, and any remaining work I can do in my free time during the year since I'll be living there (Just a general advantage of house-hacking)     - Allows me to get my feet wet with investing while still pursuing my degreeCons:     - Depending on the area, much higher vacancies than other properties (assuming, of course, the months of June, July, Aug, and Dec will be vacant, so a vacancy rate of 33%)     - Since it's a small town, there isn't a large supply of homes within walking distance of the university (currently 2 on-market being sold) - although last year's foreclosure auction suggests that that may be an abundant avenue to locate deals     - This town is notoriously a party town, so rental properties here may be more prone to getting trashed, although this doesn't seem to be an issue in any of the properties currently being rented that I know of, even in the bigger houses that host parties nearly every weekendI could also consider purchasing properties within ~5 miles of campus, so not walkable, but more than reasonable driving distance, although they will rent for less.

I would say that this is probably experience gained on your part as to getting your feet wet to speak to sellers.