Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Since acquiring a four-unit property on the Northwest side, my bi-monthly bill has typically been around $500.

Typical Project Management Fee for a GC General contractors (GCs) typically charge a project management (PM) fee of 10-20% of the total project cost.

Quote from @Clayton Silva: Quote from @Jeffrey Blackman: Quote from @Clayton Silva: 2nd position HELOCS on investment properties are typically capped at 70% LTV and have rates ranging from 9-11% just a heads up unless you use a local credit union where you have cash on deposit with them. 

Naturally, I assumed REI’s "white-glove" service included a strong legal team to handle these situations efficiently.

You can typically count 75% of the previous rental income (from the units you will not live in) toward your qualifying income.

I would have already filed lawsuits - if you know of 10+ typically there is more, and those who get in line first get to eat first - you do not want to be like the guy in office space and sit around and do nothing and not be the one to get a piece of the cake.

Garbage- Dumpster or can you get can service?  

@David LewisRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!