Are you purchasing from Home Depot, Best Buy or are there lower cost alternatives in your market?

So don’t take a $10k discount instead of $8k in closing help and a lower rate.)The biggest discounts I’ve seen in the last 1-2 units.

.✅ Lower Vacancy Risk – Losing one tenant doesn’t mean losing all your cash flow.✅ More Affordable for Renters – Competitive pricing attracts a steady stream of demand.✅ Built-In Community = Lower Turnover – Tenants stay longer when they feel connected.✅ Allows You to House Hack a Single-Family Home – No need to compete for pricey duplexes and triplexes!

Let’s break down the pros and cons of each when compared side by side:CondoPros:Lower barrier to entry: typically requires a smaller down payment and results in lower monthly mortgage payments.Minimal overhead: utilities like water, trash, and landscaping are often included in HOA dues.No landlord responsibilities: you won’t need to manage tenants or deal with non-payment issues.Cons:HOA management can sometimes be unpredictable or problematic.Long-term rental income growth is generally weaker compared to a duplex, especially if your goal is to hold and rent the property over time.DuplexPros:Rental income from one unit helps offset your mortgage; rental rates are likely to increase over time, lowering your net monthly cost.Higher purchase price can translate into greater long-term appreciation.No HOA or associated fees.Cons:Higher upfront costs: larger down payment and closing expenses.Being a landlord involves active management — and it’s not always fun or easy.Which asset would I choose?

Same for 2-years of job/income stability.Tenant Default: 10-20% probability of eviction or early lease termination.Section 8: Class C rents usually meet program requirements, proper screening still recommended.Vacancies: 10-20%, depending on market conditions and tenant screening.Cashflow vs Appreciation: Should cashflow immediately, at the lower end of relative rent & value appreciation.Class D Properties:Tenant Pool: Majority of FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, but should have no convictions/evictions in last 12 months.

I have not looked hard into the Nashville market because it seems to have a higher cost to entry.

For out-of-state investing with limited capital, consider landlord-friendly, cash-flow markets like Kansas City, Indianapolis, Cleveland, San Antonio, or Birmingham, which offer lower purchase prices and strong rent-to-value ratios.

When done right, the guaranteed government portion of rent helps smooth out income and can make underwriting a lot more predictable — especially in a lower-income market.

Cities to Watch: Investor Highlights MooresvilleGrowth Hub: Anchored by the corporate headquarters of Lowe’s and a strong motorsports industry presence.Development: Ongoing expansion of the LangTree Lake Norman mixed-use development.Rental Potential: High due to proximity to Lake Norman and new construction activity.​Voted Fastest growing suburb in America StatesvilleAppreciation Potential: Undervalued market with major I-77/I-40 corridor connectivity.Employment Drivers: Manufacturing and logistics growth from companies like Doosan Bobcat and Cheney Brothers.Investor Angle: Higher cash flow potential compared to Mooresville due to lower entry price points.

If you need something really high end, look at local door places they will have a wider selection.HD and Lowes have been good to me for low end doors all the way to lower high end stuff.