However, the City doesn't want outside investors, we have enough of them, and they are actively penalizing investors already here, for the out of town investors.

This implies residential units can be built at lower costs and provide better return than building a single ADU.11) adding an ADU to SFH can make the SFH fall under rent control.

By saving a small monthly fund for upgrades and repairs, tracking maintenance diligently, and hiring local, trusted contractors, you gain control, speed, and happier tenants—without the need for a warranty middleman.The bottom line is that for rental properties, appliance warranties typically slow down the process, increase costs, and frustrate renters.

I am wondering with what high population growth with this town and the area around it if it is a good start to purchase a townhome that I would be renting out.If needed any town within a 100 mile radius of there I can venture out to.Thank you!!

My guess is rent control may mean he is less likely to want to spend money on an eviction if he is getting paid by this tenant. 

You have 100% control over what you offer, you have 0% control over how someone responds.The parts that are vital that you have left out are; what is the sale price, what would the seller be refinancing at, and at what interest rate?

.: Quote from @Howard Koore: Are you folks talking about a Ground Lease which gives you long term use and control of the land,etc. but it’s never yours unless you contract to buy it.This is the opposite.

Here’s what to know:5,000 new homes, 8M+ sq ft of office, 500k sq ft of retail, and 75 acres of civic/trail space are all in the works.Certified “One Planet Living” community—prioritizing sustainability, equity, and mixed-income housing.Infrastructure (transit + bridges) will connect directly to Belmont and western Gaston County, opening up huge spillover potential.First homes (Westrow & NOVEL apartments) expected to deliver by late 2025.Gastonia’s FUSE District: From Mill Town to Mixed-Use HubGastonia has made major moves with the creation of the FUSE District—a sports, entertainment, and redevelopment zone centered around:CaroMont Health Park, a 5,000-seat stadium hosting the Gastonia Ghost Peppers and concerts, soccer, and more.Franklin Yards, a $50M+ project adding 280+ Class-A apartments and retail to the mix.Historic mill conversions (Loray, Osage, Trenton) transforming into lofts and commercial space, creating an urban, walkable feel.The Social District allows visitors to walk between restaurants, breweries, and bars with drinks in hand—great for tourism and local nightlife.A few FUSE favorites:Durty Bull Brewery, Cavendish Brewing, The Rooster (live music), Double Barrel Saloon, and more.Nearby Towns to WatchMcAdenville – aka “Christmas Town USA” – draws 600K+ visitors each holiday season.

Also in town, not out of town.

I've had appraisers use adjacent town comps.