We are attracted to the many healthcare options in Charlotte for nursing possibilities, the fact that it seems to be growing, and its location between the ocean and the mountains to the west.

With an FHA loan, you aren't an attractive lawsuit target for even the most hungry ambulance-chaser. 

As sponsors mature in their journey the return and deal structure they offer to attract capital to their projects generally decreases. 

Many OOS investors set themselves up for failure because they don't truly take the time to understand:1) The Class of the NEIGHBORHOOD they are buying in - which is relative to the overall area.2) The Class of the PROPERTY they are buying - which is relative to the overall area.3) The Class of the TENANT POOL the Neighborhood & Property will attract - which is relative to the overall area.4) The Class of the CONTRACTORS that will work on their Property, given the Neighborhood location - which is relative to the overall area.5) The Class of the PROPERTY MANAGEMENT COMPANIES (PMC) that will manage their Property, given the Neighborhood location and the Tenants it will attract - which is relative to the overall area.6) That a Class X NEIGHBORHOOD will have mostly Class X PROPERTIES, which will only attract Class X TENANTS, CONTRACTORS AND PMCs and deliver Class X RESULTS.7) That OOS property Class rankings are often different than the Class ranking of the local market they live.8) Class A is relatively easy to manage, can even be DIY remote managed from another state.

Many OOS investors set themselves up for failure because they don't truly take the time to understand:1) The Class of the NEIGHBORHOOD they are buying in - which is relative to the overall area.2) The Class of the PROPERTY they are buying - which is relative to the overall area.3) The Class of the TENANT POOL the Neighborhood & Property will attract - which is relative to the overall area.4) The Class of the CONTRACTORS that will work on their Property, given the Neighborhood location - which is relative to the overall area.5) The Class of the PROPERTY MANAGEMENT COMPANIES (PMC) that will manage their Property, given the Neighborhood location and the Tenants it will attract - which is relative to the overall area.6) That a Class X NEIGHBORHOOD will have mostly Class X PROPERTIES, which will only attract Class X TENANTS, CONTRACTORS AND PMCs and deliver Class X RESULTS.7) That OOS property Class rankings are often different than the Class ranking of the local market they live.8) Class A is relatively easy to manage, can even be DIY remote managed from another state.

It sounds like you had a plan before you knew there was one- lucky lady!

From what I've read, it seems that larger properties are typically less work than smaller ones which is largely what attracted me to them.

So it was done, the boss lady said "you know what you gotta do, just do it".

Next, focus on the listing (did the PM use professional and attractive pictures... does the home have 2 bedrooms and a den/office but not listed properly?). 

People that don't have too much money (yet) and they use the fact that every gadamn clown has heard about "bandit signs", "Doorknocking" and "Driving For Dollars",  as "credibility" that they know what they are talking about because " yeahhh I have heard soo many people say that, and thus it must be true"..Driving for dollars is relatively "free"... so this is very attractive to people that are new, without a budget, that don't know any better.And those gurus are clever mind you.