If you want to invest in that area Lincolnton would be a better bet because of the new Hwy 16, lower taxes, better schools, and not far from the West side of Lake Norman. 

View report*This link comes directly from our calculators, based on information input by the member who posted.

View report*This link comes directly from our calculators, based on information input by the member who posted.Cleveland peoples.

I explained how commercial property is valued and showed that the calculated value of their building was ~$284,000.

I am trying to keep it SIMPLE, avoiding complicated calculations, loans, etc.

That being said, ADR * Occupancy Rate is the quickest way to get an estimated GOI (gross operating income) from which most of your other expected cash flow and accounting calculations are going to flow from.I was going to tell you about a guy I read about that was creating an app for something similar to what you are talking about, only to find that was you

I bet you could be successful in any of the cities that have been mentioned.

View report*This link comes directly from our calculators, based on information input by the member who posted.So a little background.

I calculated it based on what would my rent be now in a comparable property to rent and what income would be once I move out.

View report*This link comes directly from our calculators, based on information input by the member who posted.