I bet the management is just as overpriced.

In the Charlotte market, I don't anticipate it slowing down anytime soon.

@Robert LipscombWhile you've received a good advice from @Spencer Gray on the compensation structure, you should be careful on using the terms LP vs GP, as any time you have at least one passive investor, you're entering the world of securities.

In short, you should focus on major electrical, plumbing, foundational, structural, or environmental factors only if you want your best bet of negotiating down the price.

Overall what they've done is a road of good intentions that will lead to hell for renters, because the net effect of that will be to increase rents as landlords hedge their bets against undesirable people.

That aggressive expansion is definitely well-underway around the Charlotte area, and it doesn't seem to be slowing down anytime soon.

I suppose that’s why I’d bet no one would hire me to be their sales director, LOL.

The repayment terms for a 401k participant loan are equal monthly/quarterly payments of principal and interest (typically prime plus 1%) over a 5 year term (longer if used to acquire your principal residence).Please note that if you take a full $50,000 and then pay back the loan, you can't take another $50,000 until 12 months after the first loan was fully paid back.Per the loan offset rules that went into effect with the 2018 Tax and Job Act: if you leave your job and the loan is current at the time you leave your job but then the loan goes into default because you left your job, you will have until your tax return deadline (including any timely filed extension) to make the loan current by depositing the outstanding balance into an IRA (and thereby avoid the taxes and penalties that would otherwise apply).Alternative: Rollover Funds to A Solo 401k & Take a 401k loan or Invest in Real Estate DirectlyIf you are self-employed (i.e. active self-employment earned income separate from your w-2 income) with no full-time w-2 employees, you can set up a Solo 401k and then rollover your 401k funds once you leave your current job [NOTE: You generally can't rollover funds that you saved to your current employer plan until you quit.].You could then take a loan of up to 50% of the balance not to exceed $50,000.

Pm anytime.

Ok @Alan Ford, my 2 cents on the area is this: Beachfront locations are always a decent bet all things considered.Just about every survey and study I have ready about STR vacation locations list beachfront destinations as near the top.