i would be purchasing the property with an FHA loan. and im also looking for solid cashflow + long term holding I think house hacking is great way to get started, especially here in SC so you can take advantage of the lower tax rate.

Wait for first few fed rate cuts and refinance to purchase the next property, and onwards.

@Sean HaleyOut of curiosity why would you sell a home at lower interest rates than market rate?

I'll be doing an extensive full gut remodel which will include an expansion of living space by doing a partial garage conversion making this 2 bed 2 bath SFH a 3 bed 3 bath SFH, adding about 300sq feet of living space.

I just received the appraisal for 2024 and the assessed value will increase $28K, increasing my taxes $600 if the tax rate doesn't increase.

Hey Yona, Columbus offer a great balance between affordability and rental rates.

Volatile interest rates today due to the consumer inflation index report.

How's the vacancy rates in NPR ?

Cash invested: $40,000 Garage ADU conversion with city permitting.

Yea it’s true you need an excuse but the right lender will take care of that for you so you’ll need to start having conversations with lenders and if they say you can’t do it move on from then.