@Patrick Menefee, I'm in Charlotte as well sir and I can definitely see where your frustration is coming from as to trying to find a solid property that meets the 1% rule.

If they sell you a property and then sign you off to a third-party PM, that's another team you need to vet, and means the TK company has less skin in the game (ie once you close, their work is done).They should have solid, data-backed answers to your questions at-the-ready.

Less cost to enter the market, less demanding tenants (if you screen them correctly), and more opportunity for value add which is critical to generating solid cash flow. 

It sounds like you've got a solid system sorted out. 

With my finances around 1,000 in savings and yearly income at 66,000, solid credit score with very minimal credit card debt.

Purchase price: $145,000 Cash invested: $50,000Good solid home, needed a bit of work, added 1 bathroom & mud roomWhat made you interested in investing in this type of deal?

Also in regards to flipping - make sure you have a very SOLID team in place.

Hey BP Cleveland!I am looking for recommendations for great accountants in the Cleveland area that specialize in real estate. Especially accountants that know how to handle fix n' flip business finances, taxes, and id...

- Not sure if proximity to main road generates substantial road noise, but the property is somewhat wooded- Might need to do an eviction?

The client should be aware that composition wood siding is more susceptible to damage from water penetration than other siding products and that deterioration can occur that is not readily detectable during the course of a typical home inspection.