Loan term 6 months.

Unless you are local to the market, I would consider elsewhere.I think Charlotte long term is a great market, financial hub, good airport, population growth.I think if you commit to any of these markets, you will have successGino 

What kind of financing terms were you looking at for the remainder?

@Lindsey Mannix - the agent report was left pretty wide open in terms of comps in the area.

We're in it for the long haul and hope to build generational wealth and financial freedom for our family through real estate. 

There are so many investors and wholesalers hustling here that these don't last long.

This would be our first rental and I think it could be a good opportunity long-term, but it feels like there’s some red flags here.

It is slightly under rented for the area just slowly trying to raise on long term tenants.

Their city government website has information on short-term rentals and how to register for rental licenses/permits.  

You want an accountant who can help you strategize and who is responsive when you want to know the tax consequences of the decisions you are making throughout the year.Good luck.absolutely, yes. we feel confident about filing, but absolutely ignorant to long term tax strategy!