It's often best to contact the county tax assessor to understand how their process works.Another common mistake is the target rents. 

The guest experience drops fast.And guest experience = reviews.Reviews = ranking.Ranking = revenue.A common underperforming layout is:3 bedrooms1.5 bathroomsThat half bath looks good on paper, but it rarely solves real usage pressure.

Are you decreasing your advertised rent month over month with no luck?

I'm curious, how/where do you advertise for renters whether it be a room rental or home?

.- Full transparency, there's no way we would have caught it, even though we reconcile monthly😫The most common reasons for bad communication from a PMC:1) They are set up with PMs that are responsible for everything, so they get overwhelmed. - This is the CURSE of owners wanting a single-point of contact by the way🙃2) Bad/Missing Procedures and Processes- UNBELIEVEABLE how many owners NEVER ask about HOW a PMC is going to specifically advertise a vacancy, screen applicants, what documents they will provide, etc.

You don't need 100% of your scope of work for the turnover completed to move forward with advertising, showing, and securing a tenant. 

For anyone investing in the Charlotte area, the supply conversation isn’t theoretical anymore — it’s measurable.Over the past 18–24 months, the region has delivered a substantial amount of multifamily inventory, with thousands more units still under construction.Here’s a rough breakdown by submarket (rounded estimates based on recent delivery and pipeline data):South End / Uptown / Lower South End• ~6,000–8,000 units delivered since 2023• ~4,000+ still under constructionThis is where concessions are the most aggressive. 4–8 weeks free is common in Class A.University / North Charlotte• ~3,000–4,000 units delivered• ~2,000–3,000 underwayHeavy competition at the $1,300–$1,800 price point.Huntersville / North Mecklenburg• ~1,500–2,500 new multifamily units• Continued build-to-rent expansionWe’re also seeing entire townhome phases release at once, which directly impacts investor-owned SFR pricing.Kannapolis / Concord• ~1,000+ units delivered• Additional mid-density and mixed-use projects in pipelineValue-add investors are competing against brand new product more often than before.Fort Mill / Indian Land (SC side)• ~2,000–3,000 units delivered• Several thousand still in progressSC lease-up velocity has slowed compared to 2021–2022 peaks.Union County (Indian Trail / Wesley Chapel / Monroe pockets)• Growing build-to-rent presence• Multiple SFR communities delivering in clustersAnd this doesn’t include scattered new construction townhomes that hit the MLS in waves.What This Looks Like in Practice (Managing 500+ Doors)Rent growth has flattened.We are not seeing 8–12% annual bumps anymore.

This strategy is common among fraudulent promoters, as highlighted in the Bam Capital report.

One common mistake I see and a lesson that applies almost everywhere comes up with by right multifamily projects.

I love Zillow for advertising the property though.