Unless you want to deal with home with asbestos, lead free paint(<1978 year), termite, fungus issues.It really boils down to any investment purchase.

@Avery Carl nailed the stereotypes of the areas. 

It really depends on your goals, investment style, and cf target. 29 seems to have lower prices than the surrounding areas and therefore more cashflow potential, but it seems like a market that makes the most sense for a value add investor who is willing to do a renovation and nail it with design.

I used to be a contractor in a state where they have real inspections - CA and am appalled at some of the standards in the south....a friend just bought a new 800k home in TN and it's a joke everywhere - had to go help him fix some of it, from improper foundation design/build, to use of 1/2 drywall and waving walls, to no real frame inspection and a lot of missing nails, incorrect shear and missing hardware.

@Wayne Brooks hit the nail on the head.Your lender is trying to help you.Fannie silently changed their policy recently to allow transfers into an LLC without violating the due on sale clause if: (1) the mortgage was originated or purchased by Fannie Mae on or after 06/01/2016, (2) the LLC is majority owned by the transferor, and (3) the transfer doesn't violate the security agreement.https://www.fanniemae.com/content/guide/servicing/d1/4.1/02.html

Many of us have jobs and responsibilities that don't allow us time to:- Keep our yard and flowers in order- Change out our car fluids & filters- Iron our shirts- Unplug our potties- Do our nails- Clean our housesIf managing your own property fits with your schedule and interests, you should do it. 

I'm new to house hacking in Charlotte, NC, and could use some guidance. For those seasoned investors out there, what spreadsheets or tools do you recommend for tracking expenses, receipts, and cash flow? I want to sta...

Everyone else has hit the nail on the head.

that's not the case anymore - you really have to nail every step.

Both @Kayla Govier and @James Carlson nailed it with the regulations, and I think James is getting at the meat here.