This surge is driven by job growth, in-migration from other states (especially the Northeast and West Coast), and major development projects (like River District and Ballantyne Reimagined).Expert OutlookExperts across the board agree: Even with inventory gains, supply will continue to lag behind demand due to Charlotte’s:Above-average population and job growthOngoing attraction for corporate relocations (ex: Honeywell, Red Ventures).Housing affordability relative to larger metros like Atlanta and Raleigh.Citywide Deficit: Charlotte is currently short over 18,000 homes, contributing to a national shortage of 4.5 million homes. ​

Also, setting up clear tenant screening criteria early on will save you headaches down the road.Scaling your portfolio this way is a great long-term strategy—excited to see how it comes together

This will clarify and reinforce what you are reading.

This depends on market, price point, buyer pref/demand.

Purchase this property as a primary residence. 

One more tip – people remember stories that trigger their emotions.

is this a multi-member LLC or single?

Here are some quick tips to get the most out of the community:🔍 Use the search feature – Got a question?

While my focus has been on single-family homes, I’m definitely interested in expanding into multi-family properties as well.What motivates me most in this journey is creating passive income and building a legacy for my kids.

This isn’t a direct answer to your question, but it's important to note that the availability of funding and support tools really depends on your local market.