So, if you have 10 units and you are going to pay $1,500 a month and you are working on an active income job, too, this is an easy switch due to the labor mentally and physically (even if it is just phone calls) to get these rentals running as a well-oiled machine.  

Average rents for a well maintained 2 bedroom apartment are easily $1000.  

Every time i make a post on here I am getting great feedback so minus well keep posting lol.

Well, i have lots of questions that I don't know where to start.

Hello everyone, we know this post is a few months old now, however we are interested in the Ocala, FL market as well, primarily looking at LTR SFHs in the Silver Spring Shores, Heath Brook, or Marion Oaks neighborhoods.

Bank won foreclosure in 10 months so luckily it cashflowed as well as it did. 

The key for me wasn't to invest in the 'best place' but to know a market so well that a deal jumps off the page when it appears.

Based on rent of $1,695, I think you'll be lucky to get an appraised value of $160k with a CoC return well under 2%.

@Kerry Hermann We got our start in the western Chicago suburbs as well but are now totally focussed on The Shoals.

The Notice needs to be sent to each tenant by both proof of delivery required service from the post office as well as by certified mail to the last known address.