Maybe 20% is too rich and it's cheaper but I've never shopped property managers.Estimating an additional 10% for vacancies and 15% repairs.Fixed expenses + PM + 25% for vacancies/repairs = $37,996, or $404 left over.Now I'm torn because I could put estimated proceeds ($200K or so) in a fixed income investment and earn that today without doing anything.BUT, it is nice to have the US address as I go international, and if I wanted to come back I'd have a property.

The cleaner will actually do all the shopping for the rental among other small misc things.

I would recommend shopping around, especially with a local mortgage broker.

Frisco might be the new downtown, so people living in Frisco probably go to Frisco for shopping or events. 

Happy to help if still shopping around lenders. 

This would depend on the nearby attractions within 5 miles radius such as hotels, hospitals, shopping malls, amusement park, government building, major corporations, schools, etc. 

I am not sure what companies are quoting you, but you should shop more.Make sure to have the location of where is showing the cracks so you can get a more accurate repair estimation.I have some contractors that I can recommend.

My bank tends to have more restrictions than others, but this hopefully helps as you shop around.

Investment Info:

Office Space commercial investment investment.

100's of completed projects, JC Beal Construction is nearly 100 years in business, Beal Properties manages well over 2000 doors all throughout ...

I’m a member of both, as well as an agent and investor, and they’ve been great resources.Hope to meet you at an event soon and always happy to talk shop about the Milwaukee market or multi-family investing.