For example if rent is $2,500, you would expect total gross income of 7,500/month if my criteria is 3x income?

New construction, fully decked out on the design and amenities. purchase price 785K, 40K in seller credits, 120-140k gross rental projections What made you interested in investing in this type of deal?

The PM company needs that information to complete your annual 1099 and their 1096 to report the gross rental revenues received on your behalf.  

My Client has following Situation: 1099 Worker; Same Profession the last 8 Years2023 1099 Gross income $87,0002022 1099 Gross Income $134,000 Looking to buy a Condo, SF, or Multi-Fam, and rent out spare rooms & Apartments in the House. 

Its a lot of work but anyway you slice it a management company is going to cost you 10% of gross rents which could easily be 100% of your net profits.

I average about $2000 a month in cashflow on the current rental property, and the new property would bring in around $3500 in gross revenue.

A good gauge of performance for a full time rental is roughly 10% of valuation (A $1M home should generate $100K+ in gross revenue.) 

You can probably make decent returns in Akron based on gross income and purchase price.

I'd also add to that that you are paying a 20% withholding tax on gross rental income. 

Now if you could prove they were purposely steering qualified candidates to other units, or failing to market the unit at all, those would possibly be acts of fraud or gross negligence, which can be litigated.