A hole large enough to require a patch, a section where a pet severely scratched up the wall, etc.

@Jillyan MacMorris  I have had several LGs  fail so I avoid them. 

We have several 8 year properties that the tenants have paid 100% of the initial purchase price of the property.

If it looks like you can subdivide, then you can sketch out a preliminary plan or several variations to give you a sense of how many lots you can build.     

Several of my investor clients have dealt with similar situations in North Carolina, and here’s my take based on those experiences.First, you’re right about the legal framework: NC landlords must make reasonable efforts to re-rent the property, but tenants remain liable for the rent until a new tenant is found.

One fast way to generate cash flow is to invest in high cash flow, low appreciation markets (say several midwest e.g.

I have several single "hip (do they say that nowadays?)"

Similarly, if you put several Class D tenants in a Class A 4-plex, what do you think will happen to the property?

We just fixed up the house and have it on zillow with several applications in 24 hours. 

I have several rentals that I can sell with combined equity of 600k+.