As always, some bad actors cause burdensome regulations for everyone else.Per the Akron Cleveland Association of Realtors:"For example, in Cleveland, a local agent in charge must be identified if the property is not owner-occupied.

Virtually anyone lending HM in 07 to 09 had a lot of bad debt.

You should look to link up with investors in those areas and get some feedback on the good, bad, and ugly. 

Not that that is a bad thing as some are on lower comp plans but they are at the mercy of all having "overlays" and have to sell their loans.

They can also be an LLC that specifically elected to be treated as a corporation – there is a box for this option, too.If they signed that they are a corporation, as opposed to a single-member LLC – then you’re off the hook.What about DBAs?

Do you want a tenant to pay on time... do you want them to treat the property good... do you want them to stay for multiple years... than why not have a conversation with them about putting in the 220?

While @Phillip Austin mentioned Raleigh is a higher returns its just very much a appreciation market, you will not find rentals that cashflow, so depending on your goals its a good or bad market.

Nothing fancy at all but waterfront.I will agree that basic numbers look pretty bad.

Sterling,Each lender is different on how they calculate income and also what overlays they have that can cause a bad income calc. 

Plus the reviews above sound very bad.