Good STR neighborhood, good lot, high ceilings, newer build.

If your already in a high tax bracket, then the commission will be taxed at that rate which may be more than the capital gains.

I highly recommend checking out niche.com when researching the best brrr areas.

To be honest, 5.3m of debt on $9 m of development risk seems too high.

Off the bat that sounds like a red flag to me (in other words, it seems like they could be offloading the lots because it just doesn't make sense to build there right now, due to a stagnant market or high construction costs, who knows).

I had fans , a high dollar respirator , , high dollar goggles , etc .

Paying off debt hurts your financial performance but lessens risk.

North Carolina is a Lanlord friendly state.North Carolina is worth the investment because of our high occupancy rates and a high demand for rental homes, the local real estate investors love the historically performance stability, specifically single family homes.North Carolina has very good reputable colleges and universities, that’s the reason a lot of people make their move to NC and want to just rent a house until they get acquainted with the area.Charlotte’s home prices compared to states up north are dramatically significant.

To help you in your search: be sure to find an accountant that is willing to grow with you, and is not too high priced fee wise.

One note - you put "Home" loan in the title - to clarify, DSCR Loans are 100% no ifs ands or buts rental properties only - so no owner-occupied at all, not even if its multi units and some of the units are rented.DSCR Loans: What Are They And How To Get The Best Termshttps://www.biggerpockets.com/...DSCR Loans: How To Use Pro Strategies To Save More And Make Morehttps://www.biggerpockets.com/...Multifamily DSCR Loans: A New High-Impact Loan Option For Real Estate Investors?