A quick google search for NC brought me this result: https://www.lawhelpnc.org/resource/proper-notice-o...I would start with the town where you have your property and ask about eviction rules or look for them on their website.Best! 

@Caryn CasarezIf I've properly understood you, it seems the scenario is one in which the IRA was the equity partner on a buy and rehab project.

But deals do come up if you eyeball the market properly.

I would say to learn a trade that interests you to actually do and just learn enough about the other trades to be able to assess the proper way to fix problems and make sure you don't get screwed.

You are required by both state and federal law to remediate any lead-containing products (paint, putty, etc) and obtain a de-leading certificate.If you have a handicapped tenant or applicant, you may not refuse to rent a unit to him or her.

Make sure you are screening properly and truly feel comfortable with the tenants.

If you are risk adverse a LLC really can only help you in the end vs hurt you though there are cost associated with setting it up and running it properly. 

., when you actually try to lay eyes on the product.

If you are working through the proper channels at the city this, along with other utilities, should be part of the process. 

30 year loans are fannie-backed products.