Adding additional assets, a familiar market, buying a house "for free" as I call it, and gaining experience with lower level of risk How did you find this deal and how did you negotiate it?

Because I'm the boots on the ground here locally in VA and NC I believe I can add great value to people that may live somewhere that they cant get access to the type of opportunities I have in their local markets.

Does anyone have experience in this market, or with this cost-segregation to write off income technique? 

The best advice I have for you is to find a growing market.

After getting a lot of interest the first weekend on market, no offers came in.

Spring's growing market further enhanced its appeal.

It depends on the strength of the leases, quality of tenants, and about 17 other factors.Are they paying market rate?

Hi Brian, we are the industry leader in first position HELOCs!

JustinPersonally I'd use it to buy off market using creative finance keeping a healthy amount in reserves.

Then you can be in it for the long haul when the area becomes more developed and the market starts to mature.