Part 4/8:
Insist on Value, Not Property Type
His principle is to insist on value while being flexible on property type. In his market of Clemson, South Carolina, he favors single-family homes and small multi-family units due to their higher demand and tenant retention rates.
The discussion highlights that the ideal rental properties should meet the investor’s criterion for both cash flow and equity growth, whatever the property type is.
The Lot: More Than Just Land
While many investors focus exclusively on the house itself, Carson highlights the significance of the lot.