I remember once I was in a nice area of ATL at a closing and the attornies office was hot I asked whats up he said his two condenser got stolen that night LOL.. its a very active sport out East of the rockies we just dont hear of this on the west coast..

Buying a nice place for 250k that's worth 250k is less sexy than having equity from day one. 

Research led me to a couple of videos of former ND players coming back to build development into the area.

Firestone park and Goodyear Heights are nice areas that get good rental rates and have lots of demand. 

In particular, the ability to auto-sync and categorize bank transactions (similar to Stessa), easily track expenses against budgets, and streamline lease creation with lease templates is quite nice.

If your cabinets are made out of plywood and nice enough painting is actually a great option. 

As you've mentioned, great schools, area in general is nice and it's centrally located.

I am working over these next few months to learn as much as I can to develop systems in order to analyze the next market we will move to.

Your plan is to “buy out investors over time” then “truly drive down rental prices” and then with the portfolios “income” support “local economic development initiatives.”

It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.