This will all depend on your title company performing same day closings though.

Hi,We are just in the thick of this right now, so I might be able to offer a little insight.It depends a LOT on the return the Private Investor expects on their money.

As far as immediate income it depends on the market you're in. 

That would depend on your MLS system, call your MLS help line.

You have enough depending on the deal and the financing.

Depends-If my agents are power dialing, im having them leave Voicemail drops to cover as much ground as possible. 

Depending on the type of loan you get (FHA, Conventional, VA), you may be able to pay as little as 3.5% down at an interest rate of 3-4%.

You will find that NC has a much higher tax rate than the SC owner/occ rate, but typically a tad lower than the NOO rate (again this will depend on county).Where the calculation gets even more tricky is the value premium placed on a home by location.If you are looking at Charlotte for example, the national builders who operate in both markets will charge a premium on Ft Mill and Lake Wylie areas over Charlotte addresses for the same floor plan, because they know owner  occ buyers will pay the premium because their monthly payment will be the same for both neighborhoods.If you are in Rock Hill here is a fun Saturday.

Then, credit this amount when lease is signed, at which time they should pay 1st month and security deposit (& last month, depending on what you require).

My strategy would be buy, remodel, rent and hold rather than flip them - looking at the cash flow instead of depending on appreciation.It would be difficult to manage a purchase of a property from a broad and tenancy agreement, but even more difficult to manage a remodel!