Several economic factors are contributing to this shift:Overbuilding: Some areas of Charlotte have seen significant overdevelopment, leading to an oversupply of rental units.Tighter Money: Rising interest rates and economic uncertainty have made tenants more cautious with their spending.Tenant Behavior: Many responsible renters are choosing to stay put rather than take on the cost and hassle of moving.What Does This Mean for Landlords?

Those effected go well beyond the property owners, the economic contribution of RE and subsequent economic loss in the form of: management, maintenance, landscaping, caretaking, hospitality, tourism, contracting, designing, pools and gardening is economically catastrophic and will reverberate well beyond specific zip codes.

It's clear there are many paths to success in this market, and I hope our larger-scale project can find a way to contribute to Detroit's growth as well.Thank you for your time and consideration.

I’m especially interested in residential rentals, STR's, or multifamily properties, but I’m open to exploring other areas as well.I’m here to connect with like-minded individuals, gain insights from experienced investors, and contribute however I can to this community.

This approach will allow you to focus on the financial benefits rather than the day-to-day operational tasks.Additionally, consider how this rental income will contribute to your overall financial picture.

The cost of housing in CA contributes to some of the homeless population, many working people are only a few missed paychecks away from losing their current residence. 

When reaching out to experienced wholesalers, show that you’re ready to contribute.

These factors contribute to long-term stability and growth potential for real estate investments. 

Thanks again to everyone's contributions and comments. 

I look forward to engaging with all of you and contributing to our shared journey in the real estate market.