We host a free real estate meetup the first saturday of every month if you are interested in coming and meet some awesome real estate investors who are looking to do their first deal to savy seasoned investors.

Quote from @Erick Pena: A "good" rental property is one that covers all expenses (mortgage, taxes, insurance, maintenance, property management fees, and any other costs) and still leave a surplus (commonly referred to as cash flow).Calculate cash flow as: Cash Flow = Rental Income − Operating Expenses − DebtThere's much more to it, but that's the basic idea.

I would be cautious on the value add opportunities as the capex can be very expensive, but since you are developer you may might have an edge with figuring out these kinds of costs in your due dilligence.I've been working on building relationships with brokers. 

Second pro is that you get to lower your living expenses or live "rent free" by having your tenants pay for your mortgage payment.

The full 5 year proforma is free to give you a good look at what to expect on the deal.

When a PM does charge a markup, he's usually getting a discount on the service to keep the cost stable.

HelloOver saturated STR in Ohio markets have caused many STR to drastically lower costs to as low as  $100 for entire bedroom home.My are higher and I'm not competitive with the lower cost Abnbs.I also feel hotel industry are mass building new hotels to compete with str. 

Hi Michael, we're a national lender, so if you need financing in either locale, feel free to reach out!

Simple does NOT mean "easy" or pain free. 

FYI, most of my CFO clients borrow from HMLs that will lend up to 100% of their rehab costs.