Well as a small time investor in Charleston/the surrounding area with 3 years of STR's under my belt I would definitely buy a property like you're describing and a 1250 sq ft 2 bed/2 bath would be the perfect size.

Begin offering Airbnb cleaning services... probably with a new badge highlighting your commitment to cleaning perfection 3.

Rust belt areas are perfect for that. 

We aren't perfect, but we back up what we say ... and we take care of every client.

@Brianna AndreolaPhoenix is perfect for STR.

So the BRRR strategy is a perfect way to still get cashflow but capture equity.

I have searched for many hours for that “perfect” brokerage to meet my expectations and so far eXp Realty and Keller Williams are my top two.

It was like we got into the market at the perfect time and I'd hate to give up the great profit. 

But even with your $10K wholesaling charge, your buyer/investor would still make far more than purchasing a 3/2 where the rate was increased from competitors.Now, if you're looking for the perfect spot to start your investing journey and learn everything there is about wholesaling houses, check out that book store over on BiggerPockets.

@Nick Brown water wells have been sustaining most of the rural USA for decades...most of the time it's perfectly fine...the point is to have it inspected by a professional...if the well is viable you should be good...if there is a concern, weigh the options the inspector provides...the $500 for an inspection will save you $20k to dig a new well...Water delivery systems should be on your list too...there are several options on how you heat water and get it to your tenants plumbing fixtures...I would be interested to find out how you are billed for public sewer...if the city is not monitoring the amount of water coming in, how can you be billed for water going out??