Aside from that, my reasons for choosing Charlotte were that :It has a strong economy with a variety of industries & a growing tech sceneThe avg rent-to-income in Charlotte is around 27%, which makes it pretty affordable for tenantsThe rent to home price ratio was relatively high (2% rule, though it looks like it may need to be more of a 1% rule, as with other places)It's generally safe, with crime trending downward over the last 10 yrsNet inbound migration was highHome appreciation was up, but not ridiculously so like some other markets (like my home state in CO)It's near to several other potentially attractive markets if Charlotte _didn't_ work out for us, like Raleigh, Nashville.All these factors lead me to believe Charlotte is going to be a good place to acquire buy & hold rental properties and try my hand at a new business.

I go, to work out the deposit remainder, as its been 21 days (so by law need to return that) and low and behold, she is back in there saying the painter needed help!!!!!!!!

Because of course, everyone who's doing either one of those (flipping or BRRRRing) is looking for a very discounted deal or else the math just doesn't work out and it's not worth buying. 

Sometimes, if the seller is motivated enough, you can work out NO down payment!

If so, was it good or bad and how did it work out?

I also thought about Househacking, but for me personally it wouldn't work out.

And I like cities where you find a couple good ones, in case the first one doesn't work out.

I to be honest don't know if that price is ok my numbers work out great but I am a noob and could very well have numbers wrong.I know normal duplexes in the area sell for 30k less then this but most of them look like they are in need of updates pretty seriously. this looks like it would attract very nice tenants with proper screening granet counter tops excetera.So with me living in the studio I wrote the rents as 850 each so 1700 total my morgage would be around 619 Now taxes are absolutly atrocious in this area 486 ouch insurance I put as 1000 a year not sure if that would be accurate need help there.so about 560 total between the two.

But I do agree that I need to actually figure out how to analyze a deal and run numbers to see which potential homes could work out.

Assuming the analysis was based on full occupancy of paying tenants, the numbers don't work out.