As mentioned if you're concerned, just keep a close eye on your credit profile during that period!

Cash out refinances have a longer seasoning period for most lenders as well! 

Current rate for a 10 year Refi / cash out is between 6.5 - 6.75%.....coming down to 6% or under can make a huge cash flow difference over 5-10 year period. 

This venture was originally expected to have a 10 year horizon, with the goal to maximize IRR in that period. 

You do have to live in it for a certain period of time as a stipulation. 

Only local agents/real estate professionals who know the area house by house and can see, touch and smell the property can price a listing well, period.

Yet, it seems common practice for wholesalers to use this contingency to back out of the contract simply because they have not found a buyer within the inspection period.

@Tanya Maslach Since it sounds like you're not really using a property manager - connect with whoever helped you purchase the property to see if they know of a leasing agent or showing agent that you could reach out to help hold the property open to tour at least once to twice a week for an 1-2 hour period on weekends. 

For BP readers in NC (or other trustee states), get to know the trustees that operate in your county of choice, then periodically look for upcoming sales.

In my experience RE investing is a reliable way to get rich slow, provided that you’re willing to invest steady effort and attention into the proper management of your portfolio over an extended period of time.