For example, Fayetteville and Jacksonville are some of the only places you might come close to hitting the 1% goal on an LTR, but like other markets (ex: Memphis) where LTR cashflow is strong appreciation is rather weak compared to markets like Wilmington or Asheville where LTR cashflow is poor but appreciation is fantastic.

Is there anyone on here operating in Jacksonville, NC or WIlmington, NC in any capacity (investor, agent, lender, etc.)?

I just don't see a big enough difference between the RentRedi and all of the other free softwares to justify spending $9/month.Long story short: Why should I use RentRedi compared to the free options out there?

One more thing....The agent and lender locator tools on this site are very good.

Also hearing about FHA, but does not seem to be an option with our lenders, have found 10% down, but not FHA.

The current low(er) cost of living compared to other markets and lower entry points make it very attractive.

I've spoken with a few mortgage lenders about FHA and conventional loans.

I am considering going to the NPLA event in Atlantic City for 3 reasons: https://nplaconference.com/june-2024-event-registration/1 - Looking for partnering with a hard money lender who may want to expand into Panama to do "Harder Money Lending". 2 - Looking for servicing software3 - Learn more about the hard money lending business specifically in Florida and the US is generalHave any of you been to an event organized by the NPLA?

Also putting the numbers in, the rental income should give us maybe $400 -$900 profit a month once both are rented.Our lender and realtor seem to think we are crazy because the property needs floors, walls etc etc to be completed.

Lenders will qualify you based on the rents covering the 1st and 2nd mortgage payment.