expensive properties don't usually cash flow as well as mid-range properties unless you're talking about multi family.I was referring to MFH.

Base an NC tenancy law, after 14 days they are considered a regular tenant.

It blows quickbooks out of the water with ease of use and I can do the class tracking that the basic $20 a month quickbooks was lacking.There's a phone app also, I just added it to my phone, so I'm not sure how much I will use it yet other than for reference as opposed to opening the website for details. 

You can do all the prequalifying from anywhere via credit check, call references, verify income etc.Make sure you have a handy person, ac person, plumber, etc etc that you can call when you need some work done. 

I refer to expenditures that return less than they cost as value subtract.How bad is the COC?

The process is still much the same as getting any other kind of financing on a regular home or foreclosure.

@Katharina BormannHi Katharina, you need to put something in writing to the tenant with a reference to the lease clause to officiate the lease violation, as @Nathan Gesner mentioned.

He leads his first rehab effort (which was also trying as he gets away with stuff that I would not tolerate from a regular protege).  

You can have some student housing, regular long-term rentals, and even some STRs if you choose.

You all need to go get regular jobs.