@Mark Peeples it's buy and hold and rent out to tenants as a mid-term rental unit.

When you sign a buyer agency or listing agreement with them.

Spruce the place up and put in a new tenant.I also recommend you read some books about managing rentals.

But again, I go through the questions about and decide based on the level of stress/work, cash flow utilization and my overall goal for that rental and make my decision.

Hi Ian,I might do that deal if I also felt that the rental amount was projected to go up (like in a high growth market) or if appreciation looked to be promising and I wanted to exit the investment in a short period of time but in general, by doing the deal with only a 6% profit, the margins are slim to make it worth it in the short term at least.~ Lindsey

Talk to Kris at Anderson Agency.

We are purchasing land in OBX and have a great builder lined up to build us what should be a tremendous rental property.

Although from the title I'm wondering if you would gain more responses in the mid-term rental form. 

Thanks, Hi Mickey,While typically I advocate for retaining properties for rental benefits, selling can be the right move under certain circumstances.

Are you talking an airbnb type of rental, or are you talking about housing people- such as forever renters- who may have a job, or may be relying on governmental help for all they have?