If you stick to the 1% rule you should be around that number.  

Additionally, they should be helping with taking video walkthroughs of the location and the property, estimating renovations/scope of work, helping you learn neighborhoods, building your real estate team, etc.

Hey Bigger Pockets family. I first want to say that I am a new participant in the community but I have followed you guys since Brian ran all the pods(Ha!) In my short time, the feedback you guys have so freely given h...

I'm not an expert in these markets nor turn key but ohio is a great state to invest. our strategy has always been buying below market or building below market 

You're better off focusing on specific markets, specific neighborhoods, analyzing numbers, and building an ideal buy [box].

@Polat CaglayanI've never seen a formula but here is a general rule of thumb for multifamily:The class of an apartment refers to the quality of the building, which can be determined by a number of factors, including age, location, and condition: Class A: These are the highest quality apartments, typically built within the last 15 years.

To discuss other side of this thought process on new builds..

Esprit if it's causing issues with other (good) tenants and they aren't following the rules of the lease I wouldn't renew.

The sale price will most likely be around $500,000 and the mortgage is currently about $200,000.I plan on using the profits (let’s just say $300,000) to build an ADU on property that my family owns in Central Oregon.

Just in case.Ultimately whatever correlates with your future plans but a solid way to build long term wealth.