Respectfully,Sandy

VanGundy by name, or by their respective businesses on the site.

Obviously this range can vary, but "bad" to me is a sponsor bringing home $2.5M - $10M+ per year just in acquisition fees. 

With respect to hiring a PM, I respectfully but very strongly disagree.

Is there a neighborhood you recommend in that price range 200k for a long term rental ?

Condos/townhomes range from brand new to 6 years old. 

Hello @Kenroy Bernard & Thank You for your service to our country.Great advice on here so far especially in respect to networking.

Again, I am NOT an intermediary, CPA, nor attorney, but it's worth asking a few questions to those respective professionals.

Quote from @Bob Stevens: Quote from @Mohammad Parwez: You can still find a few properties in my Triad NC area where a few properties get closer to the 1% rule.However, most of the properties are now in the 0.6-0.8% range. 

Maintenance and repairs typically range from 5-7% of rental income, compared to the standard 10%, as new builds have fewer immediate issues.