Cost of living is also lower in Lansing so repair costs are lower.You will want an excellent, locally property manager that handles management and repairs, along with an investor friendly Realtor, CPA, lender, insurance agent, and attorney.To Your Success!

My plans in Charelston SC that tend to be custom will take 60 to 90 days and cost 10k or so. but they still get check sheets to..

Below are the key factors companies consider when choosing a city for investment:Low operating costs: Companies are unlikely to choose a location where state income taxes, property taxes, and insurance consume a significant portion of their potential profit.

If the PM screwed up your insurance claim, why did you continue working with them?

Your monthly payment would come out to roughly $2400/month including HOA, taxes, and insurance.

I’m curious to hear from other investors who have ventured into flooded properties such as what challenges did you face, particularly with insurance and permitting?

I've researched local markets and don't think Ill have any issues finding a renter at about a 10% return after taxes and insurance. 

Depending on your taxes and insurance rates in your market, these could be a little higher for you.

Hello,I have a potential tenant that is part of a Community Living Program and I am looking for other peoples experiences dealing with these types of tenants.So the tenant had a traumatic injury and now their insurance pays out a set amount each month to cover their living expenses.

Given this is where my major operating expenses fell (beyond taxes and insurance), keeping this cost lower, by average, helps my cash flow.I invest in older neighborhoods, so the 2-4 unit properties, typically have single water meter, maybe single electric, and many have radiator heat with a single boiler.