Greenville has super low inventory and lots of institutional investor activity.  

I bought my first home last year in December, mostly to get out of renting (it was a condo in Montgomery County, Maryland with a low condo fee, not a super great deal but very reasonable).

@Nicole H  I do think its niche but it seems to be growing, also a great alternative to low income housing.

I'm trying to be realistic in the properties for which I look, where I would not have enough to bring to the table to partner up on a fourplex in NY, but central NJ for low six figures would be much more palatable. 

Then we found that our state landlord association offered a cheaper option as part of membership, which is very reasonable for a low number of units owned.

He currently places a very low value on it based upon your conversation. 

Hello Bigger Pockets community,I'm very interested in rental properties, spanning both more traditional rental properties, but also low-income housing properties.

Even 10% might be low, not including cost of placing tenants, lease renewals, etc -- but if you're self-managing I would just erase that cost entirely.3) $35/month in repairs -- not even sure where that comes from -- Even in a brand new building that's way too low. 

That's my target and will be more than your gain, but I have 2 kids and reportable income so low I could practically qualify for free school lunches.

Get it today while the price is still low!