It is still incredibly low historically speaking. 

Buying houses is more than a financial investment, it is an investment in a community, especially when that community was forced to be there due to redlining, which Asheville has a strong history of. http://www.shilohnc.org/histor...

Edit: A good resource to find the historic rent growth is your property manager or other property managers in the market.

thing is gone, out the window, a historical footnote. 

I would therefore get the seller to provide some actual historic numbers (T12) to right-size the expenses.

The location is ok, its a historic property with 20+ years of deferred maintenance. 

Historically this was much less, about a third.

You historically see a very stable (or slightly declining) population, but that is only one piece of information.

old thread lol....historically private placements performance are basically on par with the public REITs.... if you think about it, why would the syndications have any competitive edge?

One house in the historic district was then sold with almost a 100K profit!