I agree with Collin.The Smokies do have a lot of competition, so you need to have a view, decent location, good to great amenities etc to stand out.We have a 6-bedroom cabin there, but I imagine a 3 to 4 bedroom would be in the sweet spot of not too big or not too small.

This district is zoned to support mixed use and multi family residential structures of up to 7 stories, so we will likely maximize our development based on that zoning. 

Washington, DC Real Estate Market Update: January 2025📊 Market Trends:New Listings: Increased by 135 units (14.49%) compared to January 2024.Listed Median Price: Rose by $25,000 (4%) to $650,000.Units Sold: Went up by 87 units (23.58%) from last year.Sold Median Price: Decreased by $54,000 (8.93%) to $551,000.🏠 Mortgage Rates:January 2025: 30-Year FRM: 6.93%, 15-Year FRM: 6.14%January 2024: 30-Year FRM: 6.62%, 15-Year FRM: 5.89%Summary: The increase in new listings indicates a rise in supply year-over-year.

With the new zoning laws in Washington state, Chelan and Douglas counties are partnering up with builder, investors and entrepreneurs to create more  middle housing.

It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.

Grew up in or lived for a time in the area they invest in.

Hi Eric, Have you lined up the financing portion yet?

Purchase price: $107,000 Cash invested: $80,000 Sale price: $280,000 Sourced an off market fix & flip deal in the western suburbs of Atlanta near an area where I knew an Amazon facility was being constructed and buyer demand would pick up.

Second, there is sewer line insurance that the buyer can purchase (literally only a few dollars per month) which they can sign up for if/when the line fails, and if/when it needs replaced.  

Let me know if you do it, I'm up at the horse tracks twice a season.