That might be a more accurate reflection of reality as well as enhance your returns. - Homeowner's insurance looks about right to me, but you can always get a quote to confirm. 

Consult a Professional: Given the complexity and variability of these regulations, it is advisable to consult with a real estate attorney or a professional specializing in mortgage notes to ensure compliance with all applicable laws.For detailed and accurate information, please contact your state’s regulatory authority and seek professional advice.

First you have to interpret things accurately.

@Benjamin ColemanRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

City is home to seven Fortune 500 companies, including Procter & Gamble, Kroger, and Fifth Third Bancorp.

When they are gambling on a completed project, they want to know a battle tested captain is at or along side the wheel. 

I would try to find a short term/mid term rental friendly agent who might be able to give you super accurate feedback on the market

Again - main thing though is starting with an accurate comp.

It may take you a year or so to get the rents to market rates, and even then a 10% return may be more accurate.

I feel like I missing a piece of information here.If this is accurate, these expectations are wildly unrealistic.