I think the South Eastern part of the United States is trying to catch up to the Western half as far as housing goes.  

Hello,I had a tenant last winter and the heat in his unit was supplemented by the unit above him.It gets really cold down there in winter but he chose not to have free heat and sealed the vents tightly with an aluminum foil without  letting me know , I could have easily adjusted the thermostat to lower  per his needs if he had told me and supplemented my apartment above with any additional heat but he chose to seal without letting me know inspite of my warning later on and obviously it can have detrimental effect on the tubing inside the walls due to excess pressure build up.He also complained about high electricity Bill's (obviously he would incur high utility bills when he turns on his electric radiator without using the free heat he was getting) I ended up having an oversight from my end as I did not verify if sealing vent caused any damage . 

Beyond that, there are a couple of big ticket items like the roof which may need replaced, and the wiring because I'm not sure if it's got aluminum wiring or not. 

I don't have a clue what that plastic or aluminum siding costs.Attached, are two files for breakdowns.

We originally planned to only do a partial gut job, but after discovering the aluminum wiring, we tore out everything in order to get to wires and make it easier.

Charlotte (along with other southeastern metros) continues to provide great opportunities.

Value-add properties in high growth markets, such as the Southeastern markets, where you have strong employment, higher than national average rent growth, and a relatively low cost of living, should still provide strong returns. 

In Detroit it's typically Wayne Metro CAA or Southeastern Michigan Health Association.

We are landlords in southeastern Wisconsin.

Old aluminum wiring especially will cause flickering lights as it deteriorates.