Planning to buy this condo that worth about 65k. 2 bedrooms first floor 828 square foot.

As far as the FSBO I subscribe to a service called beenverified . com to find current address, emails and phone numbers of people 

I've never bought property before.Its all barebones, so i can fill in everything the way i want.3/ 3bdrm 1 bath apts, and a small comm space on the ground floor. i've estimated about 24k to rehab it. 

I also look at straight ROI - as this includes debt servicing whereas the Cap Rate does not.  

I'm currently still active duty military, and my goal is to get my real estate business firmly established in the next four year so that when I get out of the service I don't have to apply for jobs unless I really want to (probably not).

You will find that NC has a much higher tax rate than the SC owner/occ rate, but typically a tad lower than the NOO rate (again this will depend on county).Where the calculation gets even more tricky is the value premium placed on a home by location.If you are looking at Charlotte for example, the national builders who operate in both markets will charge a premium on Ft Mill and Lake Wylie areas over Charlotte addresses for the same floor plan, because they know owner  occ buyers will pay the premium because their monthly payment will be the same for both neighborhoods.If you are in Rock Hill here is a fun Saturday.

Years ago I had a tenant sign a lease but ask if he could hold off paying the security deposit/rent until the 1st of the month when he formally moved down here (he was visiting his daughter at the time) and received his disability check.This guy was an older, 100 percent service connected veteran.  

Also, what size the floors are and what size the windows and doors are.I plan to have this information online as well, so if Suzy renter wants an area rug or curtains, she can see the size while she's in the store.Seems useful for ANY house IMO.

Hi Joe,But then again there are those that do manage across the great East / West divide ;).I have been working with a PM for the past two years and quite happy with their services.

Craigslist(Search)Look through the "Real Estate Services" section for cash buyers.