I believe in the power of community and learning from each other's experiences.

I am exploring various markets to invest in for long term buy and hold rentals.

Goal is getting rents to market at $950+/unit. 

Per the article, the term "Seriously underwater" is defined as 25% or more owed above the total estimated market value of the property; Among zip codes with at least 2,000 homes with mortgages.I'll let you in BP Nation decide if this potential financial loan distress would make the Rocky Mount area more or less attractive for a real estate investor.

There is good news and bad news: good news is that there is a stepped-up basis as of the date of the gift of 50 percent of the gift date fair market value of the property as far as you are concerned for capital gains purposes.

Hello BiggerPockets, I recently got the opportunity to purchase an off market property in Las Vegas about 15 minutes west of the strip.

I am worried about cutting off the power and then there be mold grow as we are in Alabama.

@Ugo O.Here is a "general" rule of thumb that I use for my market in Jacksonville FL.

On market, offered 30K below asking and got it How did you finance this deal?

On market, multiple offers so had to pay above asking.