There are foreign national programs with 25% down for single family residences and 30% down for 2-4 units with a $100K loan minimum.

Long term i would look to 1031 the property into either my primiary residence when i start a family(i rent now) or a better deal.

Since I am out of state, the plan is for us to buy it together and he will make it his primary residence to get the lower down payment.

@Priti AgLong-term residents often dislike short-term rentals (STRs).

I kept my first house as a rental after I moved out and bought a new residence. 

Most of the guests are on their way into town for a permanent move but need a place to stay for several months to facilitate a closing, complete construction, etc.That avatar and sellers who want to cash out and look are the sneaky win for MTR right now in my opinion.

Some other areas may attract influx of residents from other states who find triplex on very small lots attractive. where do I find that data?

You can directly contribute to improving the area, helping residents access safer and better-quality living conditions.Hopefully, this gives you another avenue for real estate investment in a growing market like Charlotte.

Investment Info:Single-family residence buy & hold investment in Bessemer City.

Definitely looking to start smaller, in the 2-4 unit range, but seeing what you put in your buy box helps me think about narrowing mine.Plan is for funds to primarily come from saving from my W-2 work and possibly utilizing equity from my primary residence, though that is something I would need to really plan out.