I actually joined Chad Griffith industrial group.

For practitioners in the real estate industry, the biggest challenge is not just the difficult work, high risks, or immense pressure, but the necessity to learn to let go of complete control over outcomes.

Cashiers is unincorporated Jackson County - where Highlands is its own municipality and able to act in more precise way that exact community. 

@Julie Doke: Industry specific software speaks to you and you can easily relate it to your day to day process.

But tell them what you are doing precisely - vacation rentals, not regular rentals.

I leave in the Greater New York Metropolitan area, precisely in Jersey City.

Those who excel are generally focused on specific asset types whether it be Restaurant/Hospitality; Office, Industrial etc.

I am looking to get into doing fix & flips. I currently have 3 rental properties and now want to move on into fix and flip. I have 3 associates / relatives that would be doing my renovations, as I would be finding...

I have industrial suites that range in size from 700, 1,200, 1,800, 2,500, 4,000, 8,000, 12,000, 20,000 and 25,000 sq ft. 

However, they approach financial health from different angles.The 50% Rule is a quick estimate that suggests operating expenses (excluding mortgage principal and interest) will roughly equal 50% of the property's gross income.The DSCR is a more precise calculation (Net Operating Income / Total Debt Service) that determines if a property generates enough income to cover its debt obligations.Deal example:- Class C middle class neighborhood- 4bd / 2ba single family house- ARV: 190k- Purchase: 105k- Rehab: 35k- Market rent: $1,400-1,525- Section 8: $1,475- Property manager: 10%- Taxes: 125 month- Insurance $1250 yr- HOA: $55 month- purchased and rehabbed with all cash.