Finally on 5/14/2021 (day 348) the refi was closed and funded. 

I think it was for down payment and closing costs.

South End is great for appreciation-driven investors who want to be close to the action.NoDa (North Davidson): The artsy vibe and walkability have made NoDa a magnet for young professionals, driving appreciation in this district.Kannapolis: Known for ongoing revitalization projects, Kannapolis is positioned for appreciation.

Premises must be vacant at the time of closing.

The numbers may be 30-40% lower than today's cost, but the process/approach to estimating may be good for you to review.

If so you need to fall into the guidelines (for the investor whos funding it) regarding non arms length transactions.The most common scenarios they typically prohibit are:- Gifts of Equity- Bailouts- Leaseback OptionsAt the end of the day it needs to be a legitimate transaction, with legitimate funds coming into close.

You'll get a feel for the age of the neighborhoods, the vitality of the commercial buildings, the ease of location, the closeness to jobs.The markets you're describing are more linear, and usually have lower capital appreciation.

It’s getting close to other major metros in the rest of the world where it’s getting difficult for the locals to buy a home.

Very close to two college campuses and downtown. 

Also, as many have said- it's smart to start off close to home if possible.