Hi Sara,We do see a lot of new construction in NC and SC, but specially in NC.If you’re looking at areas with high demand, Charlotte and the Raleigh-Durham region in North Carolina are definitely worth considering.

I also want to avoid the insurance company issuing out a payment in both the names of the Lender and property owner .... which could lead to a dispute.For context, I lent money privately to another investor, who put up their non-homestead property as collateral.

But here's the deal: paperwork is the backbone of the whole operation.

Can you share the address and pics of the house? 

This 4-bedroom, 1.5-bath brick bungalow is currently tenanted with a long-term tenant of 5+ years, generating $900 per month on a month-to-month lease.

Let the other investors go after short sales and REO's.

I spent too much on the remodel so I will be leaving some money in the deal but am holding long term and the cash flow will be great once we move out of one of the units.

Will depend on several factors like the type of property, type of tenants, your risk tolerance, other assets you own, your estate planning, laws where the property is located, etc.

When i saw this article and that it was in my city of Long Beach I thought of landlords on top of prayers for this family.

I heard it in one of the BP podcast but can’t remember the name of it…does anybody know?