But 1% is not an incredibly high threshold for Charlotte. 

A lot of folks try to find a niche within this type of environment.  

In the end, I feel like I'm throwing the dice in Vegas: pro forma rents, short leases, cap rates, and the incredible variance in how properties are presented...apples to oranges.You are a success story, and inspiring....hope I get some more sleep as this unfolds.

Focus your efforts on reading on BP, networking with local investors and getting to know the environment.

It was pricey but had a lot of good information and the coaching environment is favorable for beginning investors, the coaches hold you accountable and give you a framework.People that complain about the programs are the ones that don't apply any of the knowledge and then blame the guru.  

@Bruce KubickWelcome,Bruce and enjoy this incredible free information and knowledge!

@Lori H. they could be hoarders or incredibly junky.

This will give you $850 a month and a cash on cash return of 10.2%.Now in example one you are paying a huge amount of money towards interest, yet even so your return is incredibly higher.

What I am saying is once we get into a step the environment around us changes. 

You aren't going to find an incredible deal from a turnkey company like you might if you search for distressed properties and fix them up yourself (if you're a TK provider and you disagree, please send me you best deals!!)