I’ve been around real estate for decades, and I read in The Economist once that in lively markets like Charlotte, folks will pay a premium for a comfortable room if you’re near major employers.A friend of mine tried something similar out in Austin a while back.. he’d inherited a 4-bedroom property and split it into individual room rentals.

Is this a 2 bedroom apartment that is currently being leased (in the eyes of the CHA) as a 1 bedroom apartment?

It's a 3 bedroom house and we plan to use technology such as a smart lock, WIFI exterior cameras, and a smart thermostat.

This is a double-edged sword. 

I have clients doing 1 a quarter thats about the slowest to others that will go on a mini tear and I will help them buy 5 or 6 over a 45 day period then they go to work.But generally my busy folks will do 15 to 30 plus a year..

I would add a fire escape ladder in the bedroom too if you're worried about a fire in the property.

We all use private investors or NON/QM investors for DSCR but some again charge points and some do not because they UW the file (Mini-C).Most Bankers typically offer rate closer to PAR or less margin built into the rate.

Purchase price: $220,000 Cash invested: $45,000 This is a 2 bedroom, 2.5 bathroom rental that I purchased.

The county the property is located in requires 250 gallons of capacity for every bedroom, so 2x 2 bedrooms would have to be on a 1000 gallon tank.

Double your money on your 60% left over.