I have been heavily involved in the Charlotte area and have been expanding in this area since the summer. 

David is correct, and I too heavily focus on investors and investment properties.

If you are in long then I believe all will work out and regardless you have the mortgage covered with the rent (assuming any downturn is similar and does not heavily effect the rents).

This is pretty typical for any property with those numbers.I would focus heavily on the property manager and management company.

I won't say impossible, but about as close as you can get to it as a method of acquiring properties in this business.Large institutional lenders are heavily regulated and have these cumbersome bureaucracies to protect themselves from exposure.  

HW are specifically tailored for owner-occupied properties and depend heavily on minimum expenditures/life extensions for failing home systems. 

Even if the purchase price is heavily discounted...

@Jerome Harrod II- I know you allude to this, but it is heavily dependent on the market (I know that's not the answer you want to hear). 

We were out having a couple of drinks and turns out that my friend's friend was heavily involved in real estate and through him we were able to find a good deal on a house to do a buy and flip.  

I plan to market pretty heavily to the college in hopes someone will like a furnished, trash and water paid rental for the school year.