This is a mechanism used to make sure general partners are aligned with the limited partners, but are not a good indicator of your true return, so I wouldn't put too much weight on this.

Also, Charlotte is considered by many to be an "indicator" market.. basically, ahead of the bell curve for the rest of the country.

Those ordinances will indicate the minimum lot sizes that are required.

I believe the tenate as explanations seems indicates the moving reason is just piped up and the decision was made just within a couple of days. 

You have to search both indices to see what they granted to others and what others may have filed on them.

@Anthony PaceAnthony: I second @Jeff KehlOne thought ... if the market vacancy and other local indicators suggest you would be able to find a tenant, you could purchase a commercial building and "shell it out."

There isn't nearly enough information on the calculator to give me a real indication of what is actually included in your numbers...but if you're planning for $35k profit...can you also afford to lose $15k...without experience it's possible to have your holding costs be much higher...and your renovation costs be 50% over if its your first project and you don't have actual contractor bids and are just guessing based on having read J Scott's book.

You can get see some of the docs for free and usually there is an indication of who might own it based on who signs, mailing address, or if it is owned by another business -- you will have to look that up as well.

The fact that you do not understand this indicates a severe lack of imagination.

I am just starting out and my research indicates the syndication will create a LLC so there does not seem to be a need for me to create one.