Right now there is no sign of flooding or anything, but just wondering if that is a positive thing or negative thing to the property?

Turns out there were other posts in that thread which also tested positive for AI...

Hi Austin, With the leverage and DSCR ratio mentioned you should be in a solid position.

I did consider a HELOC but felt it may stretch me to an uncomfortable financial position, all things considered.

Anything you do to accommodate your tenant is a positive thing.

I truly want to help good renters out where/when I can.What is considered a reasonable amount of time for an increase (would be 10% increase), w/o putting my self in a position of trying to catch up to market rents at some point in the future.

If you want more local things, I'd check out meetup.com and find a local charlotte group, I'm positive you'll find some

It has positive cash flow of $150/month.

But you have to be in a position to mail consistently to these folks, and then take the calls and follow up.

It puts you in the position of waiting for a written cancelation from them or move in day.