SUMMARY

These questions are crucial because they help you clarify investment goals, ensuring you choose properties that align with your desired outcomes. Assessing affordability prevents financial strain by confirming you have the necessary funds.

Evaluating the property's condition and location ensures it retains value and attracts tenants. Understanding risks and rewards allows for balanced decisions and preparedness for challenges.

Finally, having a property management plan ensures effective maintenance and consistent rental income. Collectively, these considerations make your investment well-planned, financially sound, and strategically aligned with your goals.

PRESTON HARTMAN, EDITIOR

WWW.CHARLESTONLUXURYLIVING.COM