Of course the NC real estate commission will say you  need a license because they will get more money and they love putting up bureaucratic red tape.If you have the owners written permission and get the owner to sign a sublease, that should suffice to legally.

Like a property that hasn't had a chunk of tenants paying for months, finally evicted, and now the landlord is in the red on the mortgage & looking to sell?

@Israa AjamPopulation decline and high unemployment should raise a BIG red flag, way more than high property taxes, or flood zones (which dont really exists in SA like the previous comments stated)

That, to me, by itself is a red flag.

Both would still require you to extensive due diligence and probably hold very similar risks in terms of the potential for the property to be in condition holding many red flags.

Really appreciate the feedback and glad to hear no obvious red flags.

I'm wondering if anybody has experienced this or heard of this before and if this is normal or a red flag?

I personally think its a red flag if a manager has very low monthly fees but higher maintenance costs.

The proposed area for the closet is highlighted below in yellow and the existing closet with the red x will be demolished.

I think the real root of this is actively communicating with the tenants.