Then I looked at Tuscaloosa, looks great, is affordable, can give you a positive cash on cash return, but they have very strict zoning laws, and the only properties available in the zoning region are $1 million.

If upstate SC won’t hit your numbers, go where the numbers do, run a strict buy box, and aim for solid singles instead of chasing “perfect” deals.

Impressive track record 👏 In Texas, I see the biggest wins come when strict fundamentals meet smart tax strategy—it’s what keeps those returns strong long-term.

Always good to compare notes - have you ever looked at student housing, or do you stick strictly to long-term?

The CSLB is very strict on this.

@Kelly SchroederKelly, I focus on stress-testing deals by factoring in realistic ARVs, holding costs, and potential delays, then adjusting the numbers based on neighborhood trends and exit strategy rather than sticking strictly to a single formula.

I would still screen your tenants the same and be strict with your requirements

Using a private money lender for an investment property can be better than traditional bank financing primarily due to speed, flexibility, and less strict qualification requirements.

Strict has always worked best for me (even though Airbnb is phasing it out) because it protects you from last-minute cancellations, and I’ve still done well with it.Your numbers already sound amazing, and you’re clearly paying closer attention than most.

Nashville STR Regulations: Critical Impact on Investment DecisionNashville's strict STR regulations completely change the investment analysis and make it a poor choice for out-of-state investors.