Weekly updates AND a requirement for the borrower or someone from the borrower's team to respond within 24 hours of being contacted.This is a good one! 

In addition I also offered cash and a quick closing timeframe.

Charlotte is a fun city and a great place to invest.

These are professionals with additional training and a stricter code of ethics.

Quote from @Cheryl James:Carpet cleaner and a little 409 goes a long way there.

He's a fraud and a criminal.

For the basement, you need to check with a property manager and a General Contractor to ensure its legal to rent and has everything it needs to be legally rented.

I have talked to a lot of different ones and have found one that I really like because they have been doing it for twenty years and have vertically integrated property management and construction and a construction warehouse for fixes and everyone is on-staff.

Meeting that 2 in 5 of the last requirement allows a single owner to shield $250k of appreciation and a married couple to shield $500k.Unless you predict a lot of income from the MTR or you feel that there is a lot of appreciation incoming over the next three years (minus time get the property sold), you may want to consider collecting your $100k (passing GO) and redeploying that money to whatever you feel is its best use. 

All you need is a single place to track tenant information, payment history, maintenance, and a few other things.