If you aren't, you're committing tax fraud and eventually the IRS will catch up to you.If you are reporting the rental income but not reporting the depreciation expense, then you are paying too much in income taxes today.

A lot of people look to invest in my area from California etc and guys like me would love to help make sure you aren’t buying something that we wouldn’t buy ourselves.  

Generally they are priced a little high and they tend not to move as fast as other properties but they aren't getting hit too hard with price reductions, they just have longer carrying times.

Of course not everyone is going to use property management but the numbers aren't adding up on a lot of A-B neighborhoods.

yeah a lot of people are looking for multi in fayetteville, but for many reasons, there just aren't many around.

No gimmick, no needing to pay a 3rd party to manage this, no trickery involving the notion that there are 4 weeks in a month (there aren't) and some mystical magic about biweekly payments. 

If you ask how much something costs to repair and he/she can't give you a ballpark number they either don't know or aren't confident enough to give you an answer.First things that come to mind that people may not think of:- Crawlspace or Slab Foundation - Crawlspace makes it easier to relocate utilities and do structural repair if necessary now or in the future.- Cost of work required based on current market rates (for example right now electrical work is very expensive in Charlotte metro compared to historical norms)- Are any code issues with the City of Charlotte or LUESA? 

I'm also worried that there aren't many opportunities to use those strategies in my area.

I've discussed becoming wholesalers with them before and I think they just aren't 'getting it' as far as why they would want to.

I would venture to guess there aren't a lot of BP family here that doesn't like to ride roller coasters.