Think of all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

Amenities include, laundry, assigned parking, and wifi available for each unit.

I did a lot of flips - Fauntleroy, Madison Park, Magnolia, Columbia City, Tukwila, Seatac, Des Moines etc.

It's hard to find a "perfect" market that is knocking it out of the park on all these parameters. 

The location is key, with easy access to transportation, parks, and the rich cultural heritage of the area.

With $250k I would look at these neighborhoods: Normal Station, Audubon Park, Colonial Acres Sea Isle Park, and  Bartlett TN.

I'd be surprised if the complex doesn't have individually metered units so you may be able to eliminate the utility expenses unless those are for common areas like walk ways, parking lot or laundry.

They have offices in LA, Menlo Park, and NYC.

Asking about the SW suburbs specifically, in the land of long sidewalks and big actual parking lots. 

Park lane, Houston - Original projected completion 2022.5.