Considering the hefty property taxes in my current area, totaling around $9,000 annually, I'm contemplating selling and reinvesting in two properties within the Charlotte area.

The zoning record says it is in an unincorporated tax district. 2) A home in Kennesaw that is also zoned for single family.I see online that there is conflicting info, where in DeKalb county, 3 unrelated people can live together, but Decatur shows 2 unrelated people.

Your goal is to build equity, which can be done through several ways (cash flow, appreciation, principal paydown, tax shielding, etc).

I know the taxes are low.

Hello friends,Does anybody who had experience with Live and Flip consider that as a business for tax purposes? 

Build equity over time and take advantage of tax write offs and appreciation. 3-400 a month on a 70k investment is a 5-6% cash on cash return - you can get that in a high yield savings right now, and, that's objectively a lot of cash to shell out. 

Expenses such as insurance, tax's.... 

Rent collection, tenant communication, template leases, electronic lease signatures, marketing, tax form prep, move-in/move-out forms, automated email reminders, background/credit checks, this list goes on.  

The new investment earns $24,000 a year, but the cost of the mortgage + the equity loan will be $22,332—and that’s before you account for taxes, insurance, maintenance, capital expenditures, vacancies, etc.

They used to be Reef Tech, and prior to that they were Sterling construction.