With all of that being said finding deals that pencil out on the MLS, really anywhere in Charlotte will be slim, but targeting these areas for off-market deals could produce some favorable returns.

@Gavin JexSo you want a bank loan and then seller finance as wellA bank would not be in second position so they as the owner / lender would be in second.Also 0% they would still be responsible for taxes on that at AFR so if your payment is $300/mo the loan would go off federal rates so they would essentially have to claim around $5k in interest income which would be ordinary income so they may end up paying all of your payment in taxes… just fyi if they did speak with someone on thisSounds like a steal if deal for you

The electrical alone will cost you $20k...Don't coat the old sewer line, just do all new...I never had a great experience with the re-coats, better to just run new ABS and be done with it.You're only allowing $125 SF for the ADU....I know it's Texas but I doubt that gets 'er done.PM me if you need more help, I just think you're a little off on your budget.

Do you have every potential renter complete this or only select one renter based off the pre-screening process?

You will get much better advice from that person than boilerplate legal docs off a website.

Let me guess your "team" doesn't actually own any investment real estate and you learned about investing off an online guru?

This fuels the demand for multifamily housing.Concentrating investments in one market allows you to scale faster, reduce costs, build relationships with brokers and acquire off-market deals. 

There are so many different strategies to finding off market deals.

That's an off market deal direct from seller. 

As the New York Post article notes, “Under the law, it is illegal for the homeowner to change the locks, turn off the utilities, or remove the belongings of the ‘tenants’ from the property.”