@Gabe Bouldien@Chris Seveney and @Doug Smith are mostly on target, but there may be a small window of opportunity.Any contributions you make to a current employer plan will be locked into that plan.You may, however, be eligible for an "in-service" distribution based on the language in your plan document.  

Human nature

Ensure you have a property management strategy for when you return to Charlotte.Legal and Tax Considerations: Consulting with a tax advisor and a real estate attorney will help you navigate tax implications and ensure legal compliance in both your investment and rental activities.Short-term Investment and Return Plan: Since you plan to return to Charlotte after a year, consider the short-term nature of your investment and its implications on your overall strategy.In summary, your strategy has potential, but success hinges on careful planning and navigating the financial, legal, and logistical aspects of real estate investments.Good luck with everything,KC 

I have a home based business.

I am a realtor based out of the Raleigh area and love helping home buyers whether as an investor of if you’re looking for your forever home!

Based on walkthroughs of the property, they may offer estimates that are more accurate.

Regardless, I’d still like to get a month contract with these stipulations to make sure the bases are covered.

But, it is definitely possible if you snag a property that you can't pass up on to utilize a Mortgage Broker who can generally get you set up with something based on your needs at the time.

Everyone does it a bit differently based upon their experience.

Generally options will vary dramatically based on these unit buckets2-4 5-1011+