New From Charleston - Looking to Complete First Deal in Next Few Months

[Steven N.]

Hi everyone, 

I'm new to BiggerPockets and to the Charleston area (moving in two weeks!). I'll be looking to complete my first deal (looking for single-family or Townhouse rental) and I'm looking to connect with locals for discussion and possible guidance. I have a few questions for those in the Charleston area:

- Parts of North Charleston and Summerville look to be good rental areas based on what I've read online and by the numbers, does anyone own rentals there? Where are good rental areas for income, and what areas should I stay away from? 

- Does anyone own Townhome rentals with low HOAs? I've found a few online that look like they could cash flow pretty good and could rent easy.

- Has anyone used Homepath to purchase an investment property? What are the down payment requirements? I've read somewhere that it is only 10%, is this true?

- Does anyone have a recommendation for a good property manager? 

It is very much appreciated

[Jason Shamis]

Steven,
I have lived in Charleston most of my life and have a really great pulse on the Charleston rental market. You are correct the Summerville, North Charleston and Goosecreek area are great rental areas along with West Ashley. The military has a huge presense here along with Boeing being very dominant. I would be happy to give you advice on your best options. Let me know if I can help and check us out online.