Even out of state markets when factor in managers/real expenses cashflow is not there.

These costly improvements are pushing rents up.While effective rents (factoring in concessions) may be declining, asking rents remain high as landlords aim to maintain their property value.

Quote from @Frankie Paterno: Good Morning,What areas are still cashflowing and I can scoop up and hold?

For use as a bedroom one of the key factors is egress.

I just quoted a duplex this morning at 6.73%. 

Good morning everyone!

, and while canceling the networking continental breakfast on Tuesday morning was a difficult decision, we felt it was the right thing to do considering the storm and wanting the resort staff to be safe.

I don't use a PM, but 10% seems reasonable to budget because a I think you can probably find someone for maybe 8% and then you factor in any additional fee for tenant placement.

If you are focused on getting multiple assets at once, consider this:1. you really don't have enough available capital to do this safely right now and you will buy cash flow properties with cap ex which you will need reserves for2. you need $15-20k in reserves for each property you buy so factor that in3. when you try to buy multiple properties to start, you end up missing the mark on your first one because you are collecting and not curating your portfolio

Not sure if you plan on pursuing a higher education, but that can be a factor that comes into play as well.