Durham tends to offer slightly better cash flow opportunities compared to Raleigh, especially if you’re targeting neighborhoods that are up-and-coming but still affordable.

You are collecting payments on your wrap note and mortgage from the owner of the property and sending on some of the payment to the underlying lien holder (or better having your licensed servicer do this).

But, the profit margins look to be eye-popping, sometimes on the order of 10X or better.

A phone call will answer all the questions or a quick visit is better, set an appt. 

A better question is "Should I have a rental property in an LLC?"

Despite paying fees, doing a deal and making some profit is better than sitting on the sidelines. 

I think it would be better just to stay on good terms and let him know you will contact him when you are ready to sell.

I'm in the process of all my research and just want to learn all I can so the more information I can find, the better. 

Propstream is great as a list aggregator but I know many users who have better luck skip tracing outside of their system.

Also, right now we are utilizing FB but we may change this next year to a platform outside of FB for better interaction and more security.