One tenant has paid the rent on time but one tenant is missing in action, unresponsive to phone calls and won't pay.

Hi @Jessica FrancoGreat to hear of your interest in property back home.From my experience (we own a company called KOURO here in South Africa) it really really depends on the strategy you hoping to focus on, the area, purchase price and what value you can add to that property - as discussed everywhere on BPWe do flips, multi-lets and now recently starting Developments.Our returns are really good and we give great returns to our hard money lenders of between 15-20%.We are quite happy and believe that the property market here, if bought right, will last through any down times.

The big change is that what they're calling vacation rentals (full time dedicated STR's) will be separated from owner occupied, renting a part of the home (ADU's/in law suite stye STR's).

i guess we can call that a correction. 

You and i should hop on a call and compare pricing and scenarios 

When you do a quitclaim deed, the lender can call the note due.

Local investor in the area, happy to chat over a call sometime or grab coffee if you're in Raleigh

Typically you can call utility providers and get that information.

In other words, I would direct you to the COA to read rules and regulations, speak with Planning & Zoning of that particular county, and call the fire chief to verify as well.Kelly

Here is my list of questions for both this house as well as future deals:1) Do I call an investor first and see if they accept and send them stats?