I am an out of state (currently based in nyc) investor looking to create a portfolio of Buy & Hold Investment Properties in Charlotte, NC. 

If I were the buyer interested in this property as an investment, my max would be about $65k, based on the limited information that he has given here.

I would, however, reach out to your agent and find out what they based that $650 rent off of just to be sure that the tenant wasn't actually paying that and now she's trying to play you.

In our case, our usual lender recommended a different local bank for the HELOC based on rates and his experience, and we kept him in the loop so we had a sense of timing both sides.

It sounds like that based on the numbers you’d have more in them they are worth at these price points .

Then that will give you access to their data base of available properties and all the property info. 

@Vernon Henry, personally I would self direct in two ways: Asset based lending.

@Carla Gordon I do rental arbitrage but I base it up on the market I'm in.

If you choose to rent directly to students I'd be cautious, you have a large base of competition in the bigger properties, they have the mgmt and scale to deal with the younger tenant crowd.

That seemed like a whole lot of assumptions based upon OP's short 4 sentence post.