One of my lessons learned is to start high and lowering rent if there are no bites. rents will go up in this area as the surrounding parts of town are growing tremendously.   

I do agree that the owner will benefit tremendously from working with a GC and architect that worked together on previous projects.  

The daisy chain approach almost always ends up in a tremendous amount of your time being wasted, and the deal falling apart. 6.

Your good credit is great and will help you tremendously with all the lender programs available to real estate investors.Now with wholesaling you truly only need money for marketing and your credit does not matter. 

I've gained a tremendous amount of loyalty by just going in and making a couple of basic upgrades to set a good first impression with inherited tenants.

Statesville, Monroe, Gastonia and Kannapolis/Concord are fine sub markets for the product you seek and you will get a b-or c type product and client with no tremendous long term upside.  

If the IRS determines that your intent during the year was always primarily to resell (think like a long rehab and flip) then they can call the gain ordinary income and you would pay regular income fed and state plus maybe self-employment plus maybe the ACA surcharge - It adds up tremendously. 

Any help tremendously appreciated!

He’s investor-minded and will absolutely benefit you tremendously. 

If you have hustle and ability to know your numbers, you will have tremendous value.