And it could take even longer than 6-12 months to find a replacement depending on the area.The other things to look at carefully are major Capex or maintenance expenses - you didn't mention whether this was a NNN lease.

I wanted a place in a A class neighborhood in Chicago with good tenants How did you find this deal and how did you negotiate it?

That's pretty low for a 3-BR - I'm seeing the FMR for a 3BR in that zip code is $1,850.But at $1,300 for rent, you'll probably find HMLs that may lend you around $120k if you have a good credit score in my opinion, which means you'll need $45k + closing costs.

Buy the best deal you can find and in 10 years you will look like a genius.  

How did you find this property?

You can also find real estate investing groups through meetup.com, Facebook, or a Google search.

Hiking trails are so crowded that the most popular ones are one-way and you can find yourself waiting a long time to get through some spots on those trails.

I would consider them to be more of a consultancy than a turnkey provider, and as such I think they provide tremendous value.Of course I could do all the legwork from scratch - research markets and properties, find lenders, get home inspectors and insurance and property managers and so forth - but RTR has already done all that and has far more experience and knowledge than I do.

Louisian and I'd definitely recommend attending the next happy hour later this month, which you can find here: https://www.biggerpockets.com/forums/521/topics/1230165-febr....As for trusted people for the maintenance issues, I'd recommend Kyle @ https://hometeamstl.com/.

I would suggest the client to find another partner with experience or have the builder/GC PG for favorable terms.