Many anticipated a downturn or even a crash due to factors like rising interest rates and global economic pressures.

I do understand your given scenario as I have been in contract with 2 properties in Daytona beach, FL in which I ended up pulling out after inspections but insurance was an added factor as well. 

That strategy actually does make sense to rent it out for at least a year and then sell it to recoup that fee of the GC.

As they use the 25% for vacancy factor.

However you need to remember if it takes 2 years to foreclose you will have about $3,000 in legal fees and 2 years worth of new taxes and water bills, and potentially fines, that you will have to catch up also.

At the end of the day supply vs demand is the more important factor to consider.

Or if you're considering LTR and STR than prop. mgmt fees will vary greatly.

However, keep in mind that there may be additional fees associated with multi-family properties, so make sure to factor these into your budget.

This price hike suggests a competitive market, with supply increasing relative to demand by a notable 21.4 percent, resulting in a 1.7 months' supply of homes for sale.This recent development in the Charlotte real estate scene is likely influenced by a combination of factors, including a dip in mortgage rates in December and a nationwide increase in housing supply.

I know there are fees you paid like title, inspections and what not so minus those fees which were around $1,000.00.