Having said that, you obviously fall into some tourist, Airbnb opportunities in some areas in NC as well and there are plenty of investors that use this niche as their bread and butter, so maybe worth considering if you find a Class A area that fits this criteria - this would change your % of monthly rental yield accordingly as “nights stay” charges usually are far superior to monthly rental charges (a quick prorated daily charge would show you by what %)If you’re going towards a college town, I would caution you to move your lease agreements to student ‘friendly’ - co-signer at minimum (make sure you know that parents/guardians can/will foot the bill for damages/rent ultimately) but I’ll include a link that should help with this too. https://www.rentecdirect.com/blog/the-pros-and-cons-of-renting-to-college-students/With all of this in mind- it might be best to speak with an agent in your area/desired areas and get someone who’s familiar with working with investors and the best investing areas you’re talking about in NC.

It looks like all those millennials finally moved out of their parents basements, haha.

I would have to move back out of property 1 at the end of July, either to live w my parents, or into my new, hypothetical investment property.

There is a house 2 doors down from my parents that has been sitting vacant for 2 years.

I would try to approach a parent or family member as see if they'd be willing to partner, they get the loan in their name and you maintain and manage the property and tenants.  

I'd tell your parents to move and find another place. 

(homes are less than 20 years old have combination heat/cool units. )In MN where I grew up in my parents home there is an air return and an air register in every room.

The USPS can do it's own damage too, likely a result of rough edges from said materials.We still produce in smaller batches, use quality materials and cut the parent sheets ourselves.

Throw in the cannabis and you probably scare off even more parents from bringing their kids around for ice cream.

When you Father inherits the home for the last surviving Parent, he inherits the property with no tax.