Even at 500/unit, I'd still be elated just to keep vacancy as close to nil - and I understand, that may not be the best route either because of the quality of tenant - yet, I've narrowed down a couple of Property Mgmt companies in the area that seem to be reputable, and have been the ones that the real estate agents recommended, too.  

There are some growing pains with the newer companies, obviously it takes time and more importantly everyone to band together if they want to get more direct bookings.

In fact, all IRA's are governed by such rules, but when your investments are within the very narrow box offered by a conventional Wall St. brokerage, you typically do not need to know most of the rules that apply once you take more control and invest more broadly.An IRA may be used as a down payment for a house the IRA intends to hold over the long term. 

The rent will narrow down to a range and that's where you'll be.Property Tax:  in most places there's a county tax + a city tax. 

Where are the best places to invest in A, B and C+ SFRs properties? 

@John CasmonI’m looking to make my first investment in the Chicago suburbs (multi-family unit) and need some guidance on narrowing down a target market.

I would tread carefully 02,04,06,08,09,19,54 .Though they all have their good places.After I narrowed down block and brick in decent enough zip codes, I would view each address permit history for the latest upgrades or replacementsHope this helps

PB&Js and driving beaters for me, but some like to remove the band-aid more slowly.Learn while you knock out the cc's.

I can help you narrow down you CapEx a bit more accurately with a CapEx schedule if you provide me with following: if the units have dishwashers?

Thank you @Ron Daugherty @Dylan B. and @Josh Dillingham for the replies.