However, $700 a month is a small margin for error in a project this size.

I would love it if the metal scrappers would stop buying small amounts of copper.. that right there causes a lot of harm to landlordssome of these ya hoos  will snip a 8 inch section of copper tubing .. there by ruining your system to get 1 dollars worth of copper.. and cost us 1500 to 2k..  

Daughter moving to UNC Asheville in Jan. '19.Looking for safe area near to school with Small Cottage/Home to Purchase.

I know of some portfolio lenders/small local banks in South Carolina that would agree to this as long as the total debt service (1st and 2nd mortgages) is still above a 1.25.

Hi groupI was looking at some property locally.  It was 2 units (one 3 unit and one 5 unit).  Some time ago the 3 unit went under contract.  Well, i guess the contract fell trough because it popped back up on the mark...

Perhaps after this next house I buy I will be able to afford to buy a small apartment and have that as my primary residence so hard money loans would not then be a problem.

Didnt look like there was much in the way of small multifamily there.

South city is a good rental market for small multis and some older SFR.

But as an investor and to possibly protect the property from a recession period I also like to look at all the corporate and small business close which correlates to jobs and tenants paying rent consistently without issues.

The websites are built and I have a small cash buyers list built ( not sure how good yet ) but, I don't want to waste money on advertising that's not going to work or buying some software that won't do me any good.