I've been in the Title Insurance Industry for quite some time now as an Assistant Production Manager/Senior Title Examiner for a well-known Title Company.

Some folks include their vacancy allowance w/i that 50%, we apply an 8.33% (1/12) to 10% vacancy allowance to the scheduled rent and deduct 50% for operating expenses from that number ... conservative is good when examining prospects.

NPNs carry a much higher risk of having confrontational issues with the borrower or situations where the borrower end up in some legal matter that exposes your asset to examination, like bankruptcy.

Its a great idea to collect those stats when taking a business card, Ill duplicate this one as well.You mentioned having a instapage.

If you are interested, examine the escrow closing statement, appraisal, prelim and vet the lender and borrower then see where you are.

I took the exam in 1996 and passed with ease.

If you Google homes for sale on State Street in Charlotte, only one is listed for sale 423 State Street  http://www.trulia.com/property/3162196094-423-Stat...4. 429 State is "off market" https://www.redfin.com/NC/Charlotte/429-State-St-2...5.

Below are the most recent market stats for East Georgetown.

More that that, when I truly examined myself, I discovered that I really didn't want to be a landlord.

Stat § 105-164.4(a)(3) provides that the “rentals are taxed in accordance with new G.S. 105-164.4F.”