Almost nobody knows the comps for their cell service, their car insurance, or their health care insurance.2) make sure they are on MTM or when their lease expires, until there’s nothing you can do. 3) find out the local/state requirement for notice to increase rent, maybe go even farther out to avoid a winter vacancy  4) be financially prepared for the tenant to move out and spending thousands to make it ready for the next tenant while it’s vacant for a month or two (especially in the middle of the winter.)5) be absolutely confident that you’re right about market ent so you don’t spend thousands lose rent to vacancy and possibly get a lower quality tenant to make an extra couple hundred per month.

And still much lower than many counties, though the free healthcare and education seems like a plus :)Maybe look into nonQM lenders, DSCR loans, bank statement loans, that kinda thing.

This growth has been bolstered by the city's dynamic and diversified economy, which features a variety of industries, including IT and healthcare.

Really Feel like I/we have nailed down that best balance of Price/Roi/location here in Metro Detroit My rental portfolio is here and performs extremely well with minimal headaches.Purchase: $80k-$130kRent: $1200-$1500ROI: 10-14%Cash flow: $250-$350/doorAppreciation: Double digit (for past 10 years, will gladly send data)Location: C+, B- (suburbs and certain markets)Basically 1.2-1.4% dealsWe have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare, Auto, and mortgage industry National footprints.

My wife works in healthcare and regularly hires traveling Occupational Therapists, Physical Therapists and their assistants as part of her job.

We also have a thriving economy - logistics; health care; several universities; plenty of opportunities for non-partying tenants.

Strong economic growth: Columbus has a strong and diversified economy, with a number of major employers in fields such as healthcare, education, and technology.

The criteria included the happiness of local residents, housing affordability, tax rates and healthcare quality. 

I agree with what you have stated, although when you say lender are you referring to say a Wells Fargo, or Arbor?

The City's current budget is based on not paying promised retiree healthcare benefits likely to be found unconstitutional.