The appreciation alone is a reason to stay in that market.  

I am the owner of one apt in that condo...I ll try to access the info based on your feedbackAnyhow, I have learned my lesson and plan on staying away from buying apt/house part of an association!

Anyways, we took the jump to try to get into real estate and bought our place here last year in hopes of staying here a few more years before moving duty stations and then renting out our property.

Forgot to mention one of the main reasons I want to do this:Is a business structure the only and/or best way to get a loan that draws from the combined equity of the 3 houses?

Or if I should just stay away entirely.

Or if I should just stay away entirely.

That said I would stay away from anything that rents for less than 900 a month.

Typically I would love to stay far away from homes that are this old, but I had my real estate agent look into land that I might be able to build on and there isn't any available that the zoning allows for multi family units to be built on.

There are deals to make in rural areas in NC but I stay away and instead invest where there is a lot of demand and competition.

If I wasn't in town I just rented out the room that I stayed in on Airbnb, which covered a chunk of travel expense.