Quote from @Violet Cobb: Hey Michael S Brown, and everyone else who has mentioned me in a comment on here.

However, be cautious—newer “B” properties are sometimes built in “C” neighborhoods, so careful due diligence is required.Monroe: As mentioned earlier, Monroe strikes a balance, making it a versatile option for investors.Trends to WatchTransit-Oriented Development: Areas near light rail expansions are seeing significant value increases.Suburban Growth: The suburbs around Charlotte, including areas like Concord, Huntersville, and Monroe, are experiencing steady growth as people seek more affordable housing outside the city center.When investing in Charlotte, aligning your neighborhood choice with your goals is essential.

He mentioned looking into FHA loans and after some research I see that you need to live in the home for 12 months before converting it into a rental property.

After that, they sent a few messages mentioning they were working with a couple of probates and would get back to me.To date, I haven’t received anything, and my attempts to reach them have gone unanswered.

As you mentioned, that expense range is not super helpful. 

Price to rent ratios have skyrocketed everywhere and it's pretty unlikely rent will ever get to a point where it evens back out because at those levels it's just as cheap/cheaper to buy (not to mention most renters can't afford anything like that). 

We've found it's more capable than others when it comes to integrations, reporting capabilities, and efficiencies.The software you've mentioned will be better for the PM activities (property-specific transactions) than keeping up with your financials as a whole. 

He has repeated the process in which you mentioned with success.

I mentioned it to the people above, but they said they’re not running around like the person below is describing.

Also, you didnt mention any financing costs, was this built with cash or do you roll that into your cost of construction?