What made you interested in investing in this type of deal?

@Andrew Bang Great to find you here man!

Several economic factors are contributing to this shift:Overbuilding: Some areas of Charlotte have seen significant overdevelopment, leading to an oversupply of rental units.Tighter Money: Rising interest rates and economic uncertainty have made tenants more cautious with their spending.Tenant Behavior: Many responsible renters are choosing to stay put rather than take on the cost and hassle of moving.What Does This Mean for Landlords?

They see a 60-year-old man driving a new Corvette and don't realize that guy drove the same Honda Accord for 20 years while saving and investing.

I think I might have made a mistake moving here.... lol

I had a project last year that a sub hit a conduit that was marked out and the utility made a claim many months later.

They already made their investment using their own reasoning; now it's your turn.Happy Hunting!

It wasn’t ideal, but it was the only way to keep the deal alive.I made the drive to her small town, met her at a local bank, and had the paperwork notarized.

Made sense at the time. 

What made you interested in investing in this type of deal?