Is Salisbury, NC a Good Place for MTR/Long-Term Investing?

Always good to work with a seasoned rep who is reliable well respected and has aggressively priced products. 

Good luck, and feel free to ask more questions as you move forward!

I spent too much on the remodel so I will be leaving some money in the deal but am holding long term and the cash flow will be great once we move out of one of the units.

It's no guarantee but it's a good place to start.

Of course, with all things, the answers to all these matters will depend on the circumstances.California tends to have more laws on the books and requirements and restrictions that it can be a good idea to form a CA LLC for out of state property so that you as a CA resident are covered, and to try to have your contracts fall under the purview of CA courts.

Purchase price: $330,000 Cash invested: $80,000 Buy and hold purchased with long-term goal of appreciation, and possible refinance when rates go down.

Look at some YouTube videos by Anderson Business Advisors.I am not an attorney, CPA, only a long-time investor. 

You should definitely check out Avery Carl's BiggerPockets book "Short-Term Rental, Long-Term Wealth" https://store.biggerpockets.com/products/short-term-rental-l...There is a lot of amazing insight into everything to think of while operating an STR.

Existing homes may not have fire sprinklers (another current cost of new homes that could be avoided).Good Luck