I think the only state that has this carve out.So this is a very sophisticated scam..

It's still relevant, but not tremendously useful for residential properties like this which are valued by comparable sales.

I have been reading a lot about DSCR loans.

Does this potential tenant need to "opt in" to receiving text messages before we text them the address?

@Jacob Sampson, have you had any luck moving forward with this? 

Your background in Wall Street trading and current work at a property tech startup give you a great foundation for this journey.Starting with a rental property in North Carolina is a smart move.

If so please PM me or reply to this post and I would be happy to have a conversation.

So I had read if you transfer into the LLC of like ownership it would not uncap?

Thanks for the information Travis, Yea it seems like the high taxes and insurance premiums are going to make this less desirable. i appreciate your input. 

I'm on the do not call list and I ask them repeatedly to remove me from their contact list but at this point I'm wondering if they're just saying that company to hide who they're really working for.