Charlotte NC multi family and 2% rule

[Mike Enzwiler]

Is it me or does the 2% rule seem to be harder than ever to find in Charlotte and the surrounding areas with regards to dups, tri and quads. Tell me if you see it differently but ... MLS listing are closer to 1% with an occasional 1.35%. Most surrounding areas are hanging around 1%. Potentials that are over 1.5% have crushing capex items on the horizon and other red flags. I hadn't planned on going down the BRRR route but that looks like the best option. Please tell me it isn't so and that you've had success with these properties that seem to elude me. Excited to be wrong in this!