I live in a college town and am looking to start in the rental business.

Out of town investor currently evaluating several neighborhoods in Jacksonville for potential LTR (SFH or Multis) investments.

In our case, we are working with a local architect and engineer that have close relationships with the city and the area of town.

I recently purchased a property in not so pleasant part of town. 

I'm pretty sure there's a guy in the area that is in no financial situation to steal your deal, knows every street in town and would look at the property with you just as an opportunity to network with a future up and coming investor!

Can I ask what town your friend purchased in?

The bad PR that comes out of Myrtle Beach is generally rooted in an older part of town south of the boardwalk. 

@Julie Asmussen if this is in our town, call me and I’ll help with any questions.

It's in a college town so renting it out shouldn't ever be too hard. 

For example, if an apartment complex is located in a college town and most tenants are college students, the building will most likely experience frequent tenant turnover.