Since inventory is pretty low here, I'm also looking into the Columbia, SC market.

Unless the park is run down 12 cap might be to low, start at 10%. $150,000 maybe

You can get in with as low as 10% down payment.Do you have experience with rehab and/or rentals?

Both sides are leased at low rent with no security deposit.

@Sezuo Daudu 150k is pretty low as most good rental areas cost a lot more than that.

Can anyone recommend a low cost brokerage in Massachusetts where he can renew his license and maintain MLS access?

But for budget friendly options look at Lowes in stock replacement windows.

I train them up front and now have a lot of long term tenants and very low turnover. 

As many of you probably know (and I just learned), proof of a consistent flow of income from the same employer for 2+ years is extremely important when it comes to receiving a loan (regardless of my excellent credit score and lack of debt). 

This way I’m protected that I purchased low enough while the owner can benefit from the upside if I surpass a certain number.Has anyone ever tried to do something like this?