New Bern is not the hot look and sprint into for deals, but an investor who has a desire for affordable housing, or wants to tailor towards an more aging population then New Bern can be a potential location to look into. 

Investing in REITs provides an opportunity for dividends and potential appreciation.Rental Property:Purchase a rental property and earn income through monthly rent payments.

After that I post the property for sale, I call others with similar properties, and I follow up with potential buyers...

.), with parties having the ability to cancel a contract and potentially keep the EMD when the required disclosures are not made by the wholesaler. 

I have started looking into repositioning assets and trying to hit a higher NOI.A few considerations that I have been looking at are NOI, Future potential, and appreciation.Does anyone have a model they use to decide what properties to hold vs reposition?

These associations often have meetings and events where you can learn about the market and find potential deals.Public Records and MLS: Look into accessing public records in your area to find properties that might be in pre-foreclosure, foreclosure, or are tax delinquent.

Is it worth getting another appraisal to potentially have lender remove PMI based on renovations?

If the financial risks associated with Option 1 are within your comfort zone and you're confident in the rental income covering your new debt obligations, this could be a viable path given the potential for immediate home appreciation and avoiding multiple moves.

How does the FHA view co-borrowing situations involving family members, and are there any potential advantages or disadvantages?

It’s important to ensure that the borrowed funds are directly used for the acquisition or improvement of the rental property to qualify.Other Considerations:Equity Use: Ensure that the use of equity from Property A for Property B aligns with your long-term investment strategy and does not over-leverage your investments.Loan Terms: Consider the terms of any loan or line of credit carefully, including interest rates, repayment terms, and any potential impact on your cash flow.Conclusion:Leveraging equity from one investment property to purchase another can be a powerful way to expand your real estate portfolio.