I am focusing on roughly 12 unit properties in the Hixson, Soddy, Red Bank area or renovating something on the outskirts of downtown and creating something similar. 

I'd say you're close and you need more research, estimating full bath and half bath at the same price gives my thoughts a red flag that you're too green, although it is mostly accurate (but still low imo) as it evens out, but applied individually, it's dangerous at best.

This is an area with no HOA so there wouldn't be any red tape from that end but I want to know if anyone has experienced pushback from Charlotte or Mecklenburg county.

Taxes in "red" states seem to be lower.

As others here have said, it fails the 1% rule and that raises a red flag for me.  

They are red hot right now.  

Yes, red brick is cool, but just as white pants make your rear look too big, white makes the room seem bigger and initially both brick walls were painted white...... and then between contractors a painter painted the walls the off white that was supposed to be for the rest of the house.

I'm in San Diego as well and cash flow isn't the be all the all for me but I'm finding it difficult to not be in the red monthly - may I ask what areas of SD you're investing in?

I think that is also largely because that same home was 320 at one point vs 420 now.If you look at the affordable suburbs (not Green Hills), you will notice that they are beyond smoking red hot at the moment because it’s pretty much the only area you can get anything decent for under 300.

@Tom HurfordThe house is 2400 square feet, brick. 4 beds, 3.5 Bathrooms, University Heights, OH (near Cleveland)ARV: $240K-$260K Initial Budget was $58KBid from contractor: $59KMaterials I am providing: $16K (incl 2k contingency) (in bold below)Rough Scope: Landscaping (clean out window wells, remulch beds, trim bushes and trees)- L: $1845Masonry ( Tuckpoint Chimney, Tuckpoint exterior masonry around porch, powerwash brick) L&M: $1200Windows (Replace 16 Windows): L&M:$3600Roof (Inspect Slate Roof): $150Gutters (Replace all gutters): L&M: $1200Deck (Powerwash and stain): L&M: $500Front Porch (Scrape and Paint Iron Railings): L&M: $100Exterior Lights (5): L:$100, M:$200Kitchen (Complete upgrade, counters, cabinets, tile floor) L&M: $11,000, Appliances: $3,000First Floor 1/2 Bath (Complete upgrade,): L:$2000, M (supplied by me):$550First Floor Master Bath (Complete Upgrade): L:$4500, M (supplied by me):$2400Second Floor Main Bath (Complete Upgrade): L:$4500, M (supplied by me):$1800Third Floor Main Bath (Complete Upgrade): L:$2000, M (supplied by me):$1600New Entry Doors and Lockset (3): L:$300, M (supplied by me):$1025Finish Basement walls and ceiling (Frame, drywall, and Trim, 400 sq ft) L&M:$10,000Finish Basement Flooring (LVP): L:$1500, M (supplied by me):$1000Refinish Hardwood (1300 sq ft): L&M: $5000Electrical (Replace outlets, switches, faceplates, interior lighting): L:$1100, M (supplied by me):$1026Paint Prep : L&M: $600Paint Interior (floor (basement), ceilings, walls, and trim): L&M:$5000Exterior Painting (Garage door, house/window trim): L&M:$2500