I actually stayed in the Fayetteville area last week when I interviewed for my job in Raleigh.

Sounds like it's possible your weekend prices could actually go higher!

Personally, I like to do the work myself to make the money for myself.

Hi Caleb,From our experience, when flipping properties the most efficient ways to spend your money are the following:Focus on kitchens and bathrooms, as these areas consistently provide the most value for your investment. 

You’d be shocked by how little actual screening many PMC’s do!

I know that this is how most money is made in real estate by trying to force equity into the property, so I hope to be able to have time for it one day soon.  

Which is not necessary and a little tricky legally, but she certainly has enough money to pay their rent so that is not my concern. 

Time value of money they could invest that $160k somewhere else and earn $50k+ on it over that period vs losing $96k.

There are programs that will give credit for 110% of market rents when the actual lease is higher than the appraised market rent value.• What DSCR ratio do I need to hit?

Gastonia is actually the primary market I work in with all of my investors and with the revitalization plans for the city I am quite bullish on the Gastonia market.