With the numbers you provided above, you will have to ensure you have healthy reserves.

This year’s most popular areas are known for being fast-growing cities with plenty of new development, with healthy job growth in Florida and Texas in particular.

By building strong connections and sharing knowledge, we can support each other's journeys and uncover new pathways to success.Moreover, let's not forget the importance of maintaining a healthy work-life balance.

. - We help with stress and time off.𝗧𝗵𝗲 𝗽𝗹𝗮𝗰𝗲 𝘆𝗼𝘂 𝘄𝗼𝗿𝗸 𝘀𝗵𝗮𝗽𝗲𝘀 𝘆𝗼𝘂𝗿 𝗶𝗱𝗲𝗻𝘁𝗶𝘁𝘆 𝗺𝗼𝗿𝗲 𝘁𝗵𝗮𝗻 𝘄𝗲 𝗴𝗶𝘃𝗲 𝗶𝘁 𝗰𝗿𝗲𝗱𝗶𝘁 𝗳𝗼𝗿.When people feel important, they do their best.When teams trust, they do great.When health is important, work gets better.I work for BiggerPockets, a company that truly takes care of me and it's employees, which only pushes me to be true asset.

I am eager to learn the in's and out's of Charlotte residential real estate market as well as gain some experience flipping houses while turning a healthy profit for myself and investors. 

Any healthy adult with an average IQ is capable of paying off $10,000 in debt and saving at least $30,000 in two years.

So, my first caution is it would be healthy not to expect similar results on certain real property investments/deals in the current and near future cycles.That said, there are multiple considerations and clarity needed, before I would act on any investments with your equity.

If the unit is empty, change the locks, clean it, and get it rented.

Which leads me to my final point, but not numbered.If I was you, I'd sell this property and 1031 into a non-HOA property that is attractive to own and fits #3 profile-- 1.25 DSCR + healthy reserves.

Hopefully that upfront diligence plus a healthy contingency budget would suffice to keep me out of that scenario, otherwise I would foresee a guaranteed loss, or underperformance at the very least.