You must keep the tenants security deposit at a bank that physically operates a branch office in the State of NC.  

This is my out of state investing and I am in California.

By the way my last local purchase was dec 2021 which was before rates started increasing (just a few months before, i had good timing - when the fed states they are going to be raising rates, it is a good idea to believe rates may go up).  

One thing that stood out to me was Brian states that you are not just investing in a certain deal you are investing in the sponsor.

It should clearly state the operating income, operating expenses, and net operating income.

Since you're investing from out of state, make sure you have a reliable handyman or contractor on your team too for when small issues pop up.

Adjust depending on state of home and local market conditions. 

Note I am not stating margin is as safe as mortgages.  

He suggested calling them to negotiate something, to your satisfaction, as you previously stated, including removing the panels. 

I’ve taken time to study markets in each state and identified a few promising opportunities.