You can consider faux leather chairs that can offer look of leather without the high price tag.

@Kevin SiWe avoid window A/C units since this type of apartment unit only allows you to push the rents so high.

Is this a high enough CoC return?

out of state, sight unseen, first property = high risk

It's what I plan to start with and it's highly recommended for newbies like us. 

This calculation can take that expected growth and growth in cash flows combined into one metric to look at the investment.Personally, I don't really look at IRR because it is a highly manipulated metric.

The Triangle is a great area bu tin high demand with a lot of people relocating here so you'll have a lot of competition with home owners and investors alike.

However: Given we are accountants, we cannot promote our services on BP as its against the rules.To help in your search:be sure to find an accountant who is willing to grow with you, and is not too high priced fee-wise.

We've backfilled plenty of pizza huts, boston markets, etc that have single tenant free standing buildings and generally these buildings are highly desirable for other uses as well, we are often shopping for a medical user for instance.2) There is usually another restaurant operator looking to backfill a space and not have the buildout cost associated with a shell space.like with all things in real estate its a spectrum, and what you are looking for in a return, flexibility, and budget will generally narrow what is feasible for you and your search.have you given any thought to the above (ie returns, budgets, other uses)?

High crime + low income = Poor tenants to choose from.