The previous owners invested over $12M into building it between 2009-2012 but then left it vacant for years, allowing it to naturally age.

✅ Low operating costs✅ Low crime rate✅ Low risk of a natural disaster✅ Sufficient population to have economic stability, major highways, and a major airport.

It's human nature. 

She's consistently recognized as a top producer in the Charlotte area.If you’re going to be getting a mortgage, please be aware that you won’t be able to choose the appraiser, but as an appraiser yourself you are at a great advantage to estimate the value of the property post rehab.

Can she produce a document that shows she paid $2000 deposit? 

Your Natural Hazards Disclosure should have some of this but it is tricky.I think if the equity is there and you can move the money to a better producing asset, I think I would sell.

I am currently in contract with a relatively new single family home that looks like might produce some cash flow or at least break even the first year according to the property calculator. 

I found this info online:Circumstances that allow you to avoid having to produce documents or appear in court may include the following:Claims that the information sought is privilegedIf you lost or no longer have the informationThe produce or appearance violates your Fifth Amendment constitutional right against self-incriminationThe request is overly broadThe request is unduly burdensome 

Can you please elaborate why the business activity nature of STR will be treated differently due to part of the property being primary residence and under which rules?

Thank you, RTR, for providing excellent and valuable services from start to finish, making it easy for out-of-state investors to own income-producing rental properties.”I agree wholeheartedly with you, but running amuck is the new theme.