This will be my safety net and my real life experience in the coming years.Cordially,Z

No supervising broker, I own my own brokerage company.My Closing cost where $750 ($540 owners policy & $210 state fee (whatever that is)).

Are you aware that the city claims department in the basement of city hall has an unwritten policy to deny all claims ( much like a for profit insurance company) initially, hoping that there are very few people like me that will battle for what they are entitled.

I closed on a Fannie Mae property in May 2014 and today I received the title policy and recorded deed, both are photocopies.I thought I was supposed to get originals?

I would also ask for a copy of the properties insurance binder so you know it is insurable and who is carrying the policy. 

So bottom line, Charlotte is a market where 2% is not something I have seen as very likely unless you focus on increasingly lower income areas (which is risky to do in general and even more so when you are first starting out) or potentially going mult-family which different investors have different takes on (while I do have some multi-families in different markets I really prefer SFHs from safety, tenant quality, exit strategy, etc).  

I am new to investing myself, so I am going to want a big larger safety margin than most investors.

It's great being my own boss and I've learned a lot about investing, how to value things, margin of safety, cash flow management etc. 

We believe that our business is well-run: we have an in-house call center to generate greater sales, have have good revenue management policies for raising rents, we sell insurance, have a great website and access to sales leads, our managers are professional and well trained, and our facilities are clean.We are now seeking opportunities to expand.

Be prepared that there is often a lot of unwritten policy in terms of how the code is actually interpreted and enforced.