Now you're at 31% return.Now thats making a couple of key assumptions - 1) the property you're buying is around 500k.

The key is to secure financing options before finding a property, ensuring you have enough funds to move quickly when a great deal arises. 

Communication is key

And what is your price point and are you looking for turn-key properties or something along the lines of a "fixer upper"?

You can get a second home loan 10% down and look for a turn key property in FL. 

Plus funding is readily available and deals need to mature a few years before profits emerge, so why would a turn key provider not just keep a good rental property.Our inventory is so low in Milwaukee, that sellers don't have a reason to give a discount. 

I also want to say that if you’re marketing to traveling nurses, the key things they want are 1) black out curtains; 2) quiet, and 3) to bring their little doggies (so he pet-friendly.Another tip is when using Furnished Finders (which is a $99 annual fee per listing) if you have a multifamily, just get one FF account per address, and then as each unit becomes vacant, just change the pictures and listing copy.

We’ve found that allowing pets and providing an in-unit washer and dryer are key amenities that help attract guests.

Anything over that could mean that the property is overstaffed, or it could mean that management is delivering a very high level of service such as in a luxury property that has a doorman and all sorts of staff that you don't typically see in garden style apartments.

A key consideration here is the refinance process.