@Felix Badillo The numbers you used are definitely doable in the midwest if you are talking about leveraging (financing), but be sure you include realistic numbers in your projections for soft costs - vacancy & maintenance; and don't just accept the proformas from the provider.

I use a small bank, pay a tad more in rate (compared to Wells quote).

They do all underwriting in house and then sell to Wells Fargo.

We've bought so much of our FFE (furniture, fixtures and equipment -for those wondering) at auctions where an owner threw in the towel after a year or so.

Bonus question: In general, when a home is damaged by tenant negligence or a simple accident (ie towel bar is accidentally ripped out leaving a hole in dry wall) , who is ultimately responsible for paying to fix that repair?

I contract out most of my work, however, I do the finish work that involves painting, cleanup, changing out a few fixtures, installing towel rods, and minor things I do not want to pay my contractor an hourly rate to do. 

The prices are very reasonable. 3/4 boxes with soft close drawers and doors.

The attorney firm you linked to... well their job is to protect you and that's why they say what they say.

.- Soil extraction with low moisture steam- Application of fabric softener and color brighteners removes detergent residue according to manufacturers specifications, leaving fibers bright and soft with a silky feel.

Posting in Facebook Groups, Video ( BIG WINNER) and using infusion soft for email has also helped tremendously.