We are attracted to the many healthcare options in Charlotte for nursing possibilities, the fact that it seems to be growing, and its location between the ocean and the mountains to the west.

Almost nobody knows the comps for their cell service, their car insurance, or their health care insurance.2) make sure they are on MTM or when their lease expires, until there’s nothing you can do. 3) find out the local/state requirement for notice to increase rent, maybe go even farther out to avoid a winter vacancy  4) be financially prepared for the tenant to move out and spending thousands to make it ready for the next tenant while it’s vacant for a month or two (especially in the middle of the winter.)5) be absolutely confident that you’re right about market ent so you don’t spend thousands lose rent to vacancy and possibly get a lower quality tenant to make an extra couple hundred per month.

And still much lower than many counties, though the free healthcare and education seems like a plus :)Maybe look into nonQM lenders, DSCR loans, bank statement loans, that kinda thing.

I work with a lot of them and I have to say most are quite unreasonable because they believe the kool-aid that media spits out to grab eyeballs; few look at raw data.

You mentioned it had been repaired in the past... what exactly did they do to repair it and was the repair actually permanent or just a "band-aid" solution?

Like putting a band-aid over a bullet wound. 

This growth has been bolstered by the city's dynamic and diversified economy, which features a variety of industries, including IT and healthcare.

There are so many more single families in every market and in newer markets multifamily can be extremely scarce though I have heard how certain areas are encouraging ADUs to aid in the housing shortage. 

Really Feel like I/we have nailed down that best balance of Price/Roi/location here in Metro Detroit My rental portfolio is here and performs extremely well with minimal headaches.Purchase: $80k-$130kRent: $1200-$1500ROI: 10-14%Cash flow: $250-$350/doorAppreciation: Double digit (for past 10 years, will gladly send data)Location: C+, B- (suburbs and certain markets)Basically 1.2-1.4% dealsWe have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare, Auto, and mortgage industry National footprints.

My wife works in healthcare and regularly hires traveling Occupational Therapists, Physical Therapists and their assistants as part of her job.