I was trying to find a fair price property that was able to produce 1% of the value by renting it.

A smooth sea never produced a skilled sailor (Franklin D.

I study this fundamental question here and come to a conclusion based on a simple distinction between two types of contracts: contracts to produce new goods or to provide services;1 and contracts to convey existing goods or other property.

Three months of being under contract and having the deal fall apart due to you not producing any qualified buyers will get under any seller's skin. 

However, I will get a credit from the electric company for the excess electricity the panels produce.

Then they admit they don't own any rentals or income producing assets.

With all of that being said finding deals that pencil out on the MLS, really anywhere in Charlotte will be slim, but targeting these areas for off-market deals could produce some favorable returns.

I may not have a license to do appraisals and have never done one officially, but that does not mean I do not know what it takes to produce one or that I dont know about the guidelines and regulations placed on appraisers.

Real estate can "lose" value and still be a positive ROI because an income producing properties return isn't only based on market appreciation creating equity.

I would like to buy an asset that produces significant cash flow.