This can be a city or neighborhood.We manage a lot of Class C properties in the City of Detroit, so previous evictions are common.We typically do NOT allow within the last 3 years and we want to see stable employment, income and no other major credit issues since.For Class B rental we're looking for no evictions in last 5 years.Class A, would be at least 7 years.Of course, there are exceptions to all of the above for extenuating circumstances the applicant is willing to provide acceptable documentation for.

All the City, State and Federal Tax and Down Payment advantages are with First Time Home Buyers.

Hey Bhakti, I’m a realtor here in the city and could give you some recommendations.

I get paid $250 per call on my knowledge right now from firms in New York and you should consider what you bring to the table 

Sub-$350K single-family homes rarely cash flow in Charlotte, so consider properties with value-add potential or slightly outside the city.

Are you doing the suburbs or the city?

The issue is legally be allowed to raise rents and getting around what the city believes is fair market rents.

In other areas of the city, there hasn't been as quick of a sell off when abatements expire.

There was an offset, but it was just past the service box for the home (city responsibility) as we saw it.

You mostly hear about Self Storage and the 1 to 3 mile radius.We are on the East side of a 1mm metro city area.