Another factor that is expected to drive growth in Charlotte going forward is the extension of the LYNX Blue Line light-rail.

As we all know especially in SFR s  most are buying rehabbed homes that are new to put into service.. they have no clue as to what will come up.. and they just run on blue sky numbers they see from a seller or posted on a site like this.. your MF investor will want to see trailing 1 or 2 years of actuals to build a model..   

Conversely, the strategy may be more suitable to attracting blue collar families.

I've met blue collar laborers who loved their job and life.

I think there's still a lot of appreciation potential in pockets off the Brown, Blue, and even Red Line but definitely need to be familiar with rental rates. 

Yesterday, I was in the middle of vetting potential tenant applications, etc, when out of the blue, I get this phone call from a very well respected local/regional business man interested in my vacant unit.

I have just put a new lighter colored roof on, and have plans to add a nice parking area.

Purchase price: $3,200 Cash invested: $20,000 Sale price: $80,000 We purchased a 1984 Blue Bird school bus and turned it into a beautiful and very functional rustic modern apartment.

I mean the Oceana crash at SFO on clear blue and a 1000 and he hits the seawall.. 

Especially an unsolicited one out of the blue.