Here's why:The new manager has a generic email address and I don't actually know who I am talking to.It seems like the new company structure hes left my new manager with way more work load than she can handle, which isn't to say anything bad about her but it makes me question if I should keep my business with them.Communication is slower, usually within 48 hours but sometimes the conversation just dies and I have to remind her that I still had an unanswered question.There are things that should be communicated to me before they happen but I don't hear a word until afterward. ie lease renewals (kind of a big deal).They charge 11% for a single property and discount that by one percent for each additional house and the discounted rate is applied to all properties.

I appreciate a piece of advice an attorney gave me years ago regarding unpaid rent and damages - Bad things will happen. 

Does my personal credit get dinged or the LLC gets the bad record in turn causing the LLC to go bankrupt?

My question is- Is it a bad idea for me to start in an area because it’s close to me, or should I be more advantageous and go invest further away for a better pool of deals?

If it happens to be bad timing, you may not be able to sell it in which case you have to hold onto it and try to rent it out to produce income.Note buying is only passive if you do it through a syndication or crowdfunding site that will handle all of that for you.

I'm not sure why it has such a bad rap compared to Concord/ the areas to the East of Charlotte.

I am also thinking if the economy gets bad I will still be able to rent these homes out.I just want to put this money to use in real estate.

I suppose it is not too bad in class A areas and A to B buildings (hundreds of units) as income and class of tenant tends to be better.Everyone can have the so called high yield and high headache residential lower income tenants.

Learning on your first property will be a challenge, but having to deal with bad tenants will make it even harder. 

We also buy very unloved buildings under the assumption that we will be gutting the building and replacing almost everything ... so typically do not bother with engaging an inspector or engineer unless we see something out of the ordinary (in a bad way) or we are having a Phase 1 done.However, in the beginning before we had acquired our present level of comfort and experience, we sent an inspector into most buildings ... if for no other reason than to provide input into maintenance and renovation planning.