Flipping is not easy... you will be in bidding wars for the best properties to flip. And you will need hard money loans which have high interest rates. That means you need to flip fast. Paying 14% interest will eat up your profits fast if you hold the property too long.
There are a LOT of investors in the Charlotte market doing the same thing as you and it is very competitive. Hard money loans & transactional funding are the way you will probably need to go at the start. They want to see very solid numbers and will take a large piece of the upside. Getting your contractors in place and quick turns are essential. You probably would be best to focus on properties with 2 full baths.