Different lenders will allow rental income credit based on their own internal restrictions.

I was trained in Internet and Network security and that is a classic example of a scam post. lol I think my internal "skeptic" nature is my security training.

Investing internationally is not easy and we even need to be more cautious.

However, since they can say they have lived in the property as their primary residence for two (2) out of the last five (5) years, they qualify for the tax-free exclusion of up to $500,000 in capital gains as a married couple (pursuant to Section 121 of the Internal Revenue Code). 

There are a lot of defense contracting companies which bring in interns so I think that would help the short term housing as well.

Our clients are generally out of state or international...and they find charlotte to be a great fit for their portfolio development.

I think these pipes are prone to rusting internally and becoming slow, eventually stopping up completely.

That 3.5% - taking into account all of the income and all the expenses that are most likely to happen - that's what we call the Internal Rate of Return (IRR).Real estate isn't that different, with one BIG exception: the bond market is very efficient at allocating capital ... real estate is not.  

I am trying to be super carful with these deals and cant really afford to pay out for an appraisal and then the property fall short of the loan criteria which intern leaves me in the hole and no loan.  

If they exercise their option, the Internal Rate of Return will have averaged 60%, thanks to the friendly loan terms, buying it under its ARV, and charging more than market rent.