@Jad Boudiab Is that area marketed pretty heavily by investors?

@Nick Murray My wife and I looked at it heavily.

There are some meetups that happen in the city (like the OKC REIA meetup, Millionaire Possibilities, and JJ Grit's shindig), and there are some stellar folks who invest heavily in the market that contribute regularly here.  

So that is most of my real estate experience so far.That said, I was looking heavily into investing primarily in Northern NJ, NYC, Philly, or even Florida (all areas I frequent for my job).

I also have a LOT of clients who are heavily involved in the airbnb game locally.

However, the interest rate is something that is negotiable, and the interest rate you pay is going to be heavily affected by your credit score.If you can borrow all you want from the bank, you are in a position to get the seller to agree to a lower interest rate.If the banks wouldn't loan you enough to buy a cup of coffee, you are very likely going to be paying a high interest rate for owner carry.

I would heavily start your own internal property rent survey with other neighboring properties .

Good deals in Charlotte are hard to find at the moment and heavily competitive.

Closeness to a heavily used highway will or should help you.

IN my mind these days any rental property under 100k is worth what someone will pay for it.. since literally NONE of them get sold to homeowners only investors.. so the valuations are backed into by rental income more like Cap rate for MF.. its what ever an investor is willing to pay for a given cash flow.Hi Jay,All of my areas in Toledo are heavily owner occupied.They are also all under $100,000.It's great to be here and we have had quite the monopoly for many years now.Hedge funds don't like us because we aren't a sexy city and everyone else followed LeBron to Cleveland heheWe put our head down and just hammered out deals.As inventory tightens nationwide (I don't remember having a conversation with other players where someone didn't cry to me about how they can't find product) we still feel like kids in a candy store.I'm buying the same stuff I was 5 years.Please don't tell anyone that deals at 30 cents on the dollar and 15% net cap rates are falling of trees here.You just have to do the work and deal with shady contractors lolThanks mate