If so is there a typical investor profile? 

Midwest cities with populations under 300,000 typically have cheap property taxes.

My agent @Jake Fugman caught wind it was about to be listed again, we got in prior to that happening and made an offer.

We are actively managing two fund offerings, one focusing on real property (REO and off market properties), the other focusing on Pre-REO (vacant first mortgages).

Did you use a broker and did they use the Realtor Offer to Purchase and Contract?

Worst case scenario you have to offer a small rent concession, but now you know where the market is.

When a tenant causes problems, I can remove them six ways from Sunday, typically much faster than the courts could do it.Financial Management & Reporting: It may seem small, but accurate accounting is important and not in the tool box of most investors.Market Knowledge & Rental Rate Optimization: Understanding the market is critical to maximizing returns.

Once you build it correctly, you can offer it to other investors as a service.

Single-family homes offer higher cash flow, lower maintenance, and potential equity growth, but may have less privacy and slower unit growth.Good luck!

We self-manage our five-unit property with both—while RentRedi's reports can be clunky, Stessa offers much better reporting.