Even full-price managers are hit-or-miss when it comes to the quality of services.

If you have a good product and provide good service, you'll appeal to the masses and then you'll have a much higher quality tenant base.

The quality and age of property is important too.

Confirm that the Debt Service Company used, will provide you with easy access to:      - monthly/quarterly/annual statements of your pymt history    - ideally, easy user login web or app access     - 1098 or annual (interest payment) tax documentation mailed, emailed, or pdf download-able     - alerts, notifications, and pymt scheduling options for: pymt due, pymt applied/received, outstanding balance, etc.3.

Grand Rapids is definitely a good market for multifamily investment as it has also seen rent growth unlike other parts of the country for multifamily.It is also a more affordable place to invest compared to other parts of the country and Grand Rapids is generally landlord friendly.A quality property manager is essential for an out-of-State investor and there are some good ones locally.To Your Success!

I suspect in many cases the frequency of ownership change is an indicator of the quality of the property. 

Are their listings detailed with good-quality photos?

What you consume, mentally and physically, you will become.Your quality of life can be a direct reflection of your thoughts.

Probably not.Consider adding amenities to attract guests and raise your prices to fit that level of quality, but keep your guests number limited to less.

If there’s a housing crisis where you live I would expect you can get it full of good, quality tenants in about 4 months.