Closer to entertainment district, services and mass transit.  

If you don’t mind a little more advice…when I’m running projections like this, I like to use the worst case scenario and if the numbers don’t work out in that scenario, I usually pass on the deal.

Remember egress/ingress are the real big deals here, both people getting out and firemen getting in.I would pass.

But if you are like most investors that $300 can go a long way for you once a few months pass.

I am going to pass this along to my son.

But the 50% op ex ratio will be close enough for first pass. 

Lastly, the barrier to being a successful landlord is getting slightly more difficult (still not wildly difficult) year over year due to tenant friendly legislation being passed.

.- If you chose to set up your LLC as a pass-thru entity, then you will need to supply your SSN.FYI - to avoid getting nasty letters from the IRS about errors (which might cause us to be audited), we will ask for a copy of your EIN assignment letter or a copy of your SSN card to confirm those numbers.

Even outside the city, many townships have passed legislation to limit short term rentals. 

sorry I think I see now your co-ceo has a JD, missed that on the first pass.