I was there like I said a year and learned a lot about that culture of the deep south and those who are basically life long renters and 2nd and 3rd generation section 8..

I know a lot of lender will say "You're approved up to $X", but they will still usually require an approval of some sort with each deal...basically doing each property or group of properties separately.

We are looking at a similar concept for a specific location here, as it has a specific customer and use case.

For those that don't know, the NCJUA was created by law to act as a market of last resort to provide adequate basic property insurance to property owners having insurable property in North Carolina.It should not be your first option and know that it may provide lesser coverage than you could get in the open market. 

They can work in very specific situations, but they’re not a long-term solution for managing rentals.Pros:• Fast dispatch for very basic, non-urgent tasks• Predictable scheduling• Minimal coordination on your endCons (and why we don’t rely on it):• You usually pay a premium for speed, not quality• No consistency in technicians.

Please note the information provided below is a layman's definition designed to provide a basic understanding for the general audience.

Power of Attorney:The POA my title attorney drafted is basically worthless; it terminates when the deed transfers, so it doesn’t survive closing.

A lot of people get stuck trying to learn everything before acting, but the basics repeat themselves across markets.

You are basically just buying potential and what you choose to do with the land is somewhat up to you.

So, average Year on Year rents are basically flat.