Able to get the seller to agreed to knock down another $10g, in addition to the repairs and inspection fees.

- Management fee percentage and what that typically includes (my company seems to charge a cleaning fee separate from their management fee, which I hadn't realized)- Additional monthly expenses (my company charged $200+ for a fire extinguisher inspection?)

The other idea is to hold on to it and then when the rates go down refinance, pull out equity and buy one additional property. 

I'm a vendor at the NCREIA and the Charlotte meetup is a great networking event in addition to this platform.

Additionally, even though the individual risk is low, if you happen to have a title claim, it's not something you want to deal with on your own.

If you are not in a good credit or cash position, you will be forced to take on worst loan products in the 8s or even 9s. 

Additionally, there have been no negative repercussions of this yet so why are you creating a problem out of nothing? 

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

Side note: I couldn't fit this into each chart's description but I would like to say 1) Many of highest ranking counties based on rent/purchase price (1% (or 2%) rule) are false positives because there is not enough demand; these would be low population/ frontier counties.

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.