Example- subject property-123 main st  3bd 2ba  year 1935  sqft 1542   $45,000 MLS Fail Comp 1   130 s greenwood Ave 3bd 2ba year 1941 sqft 1649 $222,100 soldARV- 211,254 Sqft $137It’s out of datedMAO 62,878 It’s doesn’t look like a dealDo I need find other comp and adjust the appraisal 

That is my main source of marketing and it works well for me.

I saw 818 W Main St Ashland OH listed less than 70K, which is very attractive price for me.

It's not really helping you on your main goal, if anything it's distracting you and taking time away while you could be educating yourself on analyzing deals/property management, or making money as a handyman to fund that first deal! 

It's my understanding that if I built an ADU, I could use it as a STR as long as my long-term tenants in the main house carried the license.

Future months would be the main concern for me. 

My main question I have is, how can you tell if the market you want to buy in tends to rent well for SFH (single family homes)? 

While it may be conservative, having a big cushion of available capital has allowed me to get through many sticky situations that were not foreseen going in (main stack and sewer lines being the most common). 

On my end I’m showing a 2.01% cash on cash return with $105 monthly cashflow with as is rents. taxes being 5900/yr repairs & maintenance 8% cap ex8% vacancy 5% management 8% My main concern is that when I do wish to cashout refinance (6-12months into the deal) with a traditional bank to pull my money out of the deal along with get a lower interest rate, the 5% prepayment fee will bite into my profits a bit too much

@Imani Porter-Clinton Hello Imani, I'm a beginning investor out here in Charlotte as well I live here though. from my experience so far there's opportunities in Charlotte but you have to really generate good leads. that's probably the main thing I struggle with right now.