I might change my opinion and could be wrong but right now with the global chase for yield, QE, and a demand from the president and others for 0% or negative rates in the US I don't see how hard assets like real estate will decompress anytime soon.

Many properties I see (SF Bay Area) would be cashflow negative at purchase even just on PITI and not accounting for repairs, capex, etcReal estate in California has always appreciated, but its not always just a straight line up, like any market there are peaks and troughs with a general trend line up.

Positive or negative..... at all.

He reckons it was the first time he ever remembered wondering how a life could have negative value.If a life could have a negative value, it serves to reason a property could as well.

If someone can tag @Art Perkitny , he may have statistical insight into the Charlotte market. 

Dude, pay no attention to all these clowns.I started with no money, and I wholesaled my way to success.The mistake all you negative "smart people" are making is simply this.Wholesaling  is NOT lying to people telling them "I will buy your house" when you have no cash to buy their house,Get it through your ignorant skulls.

I definitely don’t want to put them in any negative type of position.

If they are not for the area then it could be wasted money as they just move to another property with water included.The engineer for the water department typically has statistics on what the AVERAGE water usage is for 1 bed, 2 bed, 3 bed units.

Is this statement true/are there negative repercussions for starting an LLC during this time?

Out of that 5% open rate about 85% of them are negative responses.So let me tell you something.