I am learning to analyze deals and was curious if anyone would consider the property at 13510 Chimney Sweep Dr.It appears to be in a good area: low crime, good schools, not considered as a flood zone.It is a 2 bed but at 1044 sq ft there could be some potential for an extra room thus increasing rental income?

We added on site laundry and redid all the landscaping.Doing all this allowed us to increase rents 30%+, which means the three rented units cover the PITI for the property so we have no housing costs.

Hyper supply followed by increasing vacancies and downward pressure on rents.

*Maybe I'm not presenting the seller finance route in an attractive way.  

I want to learn some skills such as how to find deals in my market, estimate repair costs accurately, attract tenants, etc. 

If I could cash flow from day one and increase revenues by adding pads this could be a good investment.

It will include a clause regarding rent increases during the lease term.Short sighted of landlords to tie tenants into long leases.

I've seen rates increase a little but not too bad.

What attracted me to Charlotte most was the quality of life, we absolutely the love the friendly people & all the outdoor activities.

If this is such as major issue that they sent a letter around, and they feel everyone should do it, then the best way to make sure it's done is they make it building wide project.When they do these projects however, they either increase the monthly fees for everyone, or do a one time assessment charge.