@Patrick Menefee, I'm in Charlotte as well sir and I can definitely see where your frustration is coming from as to trying to find a solid property that meets the 1% rule. But I will say, although its difficult its certainly obtainable my friend, just takes some time, focus, determination, and the ability to analyze deals and be creative. Also, working with a good agent can be a huge help as well. My wife and I close on a rental property this week in Greensboro, NC (although we're based in Charlotte), but I can say on our search we did come across properties within Charlotte that met the 1% rule but they were just out of our budget at the moment. But keep searching sir and you're bound to come across something... and being ready to grab it when you find it is a big key as well because everything in Charlotte that even appears to be a good investment gets snatched in a matter of hours these days. Hope this helps
