Which leads into my next question of whether or not to buy 1-2 multifamily homes or 4-6 single family homes?

That's the beauty of this platform.

I signed on with Real Estate Federal's lead service in December 2017, and as of now (Mar 3 2018) I have received no leads whatsoever for my $1950 initial investment with them.

Lets use this amazing platform for what its worth.Thanks for reading Michael ArreolaThe finished product.

I recently came across a list of leads being offered by a realtor of short sale opportunities where the sellers were being foreclosed on while having tens of thousands of dollars in equity with the home.

Aside from that, my reasons for choosing Charlotte were that :It has a strong economy with a variety of industries & a growing tech sceneThe avg rent-to-income in Charlotte is around 27%, which makes it pretty affordable for tenantsThe rent to home price ratio was relatively high (2% rule, though it looks like it may need to be more of a 1% rule, as with other places)It's generally safe, with crime trending downward over the last 10 yrsNet inbound migration was highHome appreciation was up, but not ridiculously so like some other markets (like my home state in CO)It's near to several other potentially attractive markets if Charlotte _didn't_ work out for us, like Raleigh, Nashville.All these factors lead me to believe Charlotte is going to be a good place to acquire buy & hold rental properties and try my hand at a new business.

I have a well thought out business plan, systems ready to go and a schedule planned to maximize lead gen at a minimal cost.

This plus the fact that the building is in a rather poor state leads me to believe that the revenue from the HOA fees and coined operated laundry machines may be going in someone's pocket rather than in maintaining the building.

Matt Jones - Agreed, my BIGGEST fear is needing someone to hold my hand and lead me to my first deal.

I have been using http://www.pwcgov.org/government/dept/dot/Pages/Re... as my research platform. - David