I am happy with the cost and what it provides. its not a completely "set and forget".

That said, it could be a good choice if you’re capital constrained and need to recycle equity from deal to deal.However, if you have capital to deploy and want to take a more hands-off approach, targeting a turnkey, rent-ready offering could be a better approach for your first deal.Full disclosure: I own rentals and operate a turnkey provider in Tuscaloosa—let me know if there are any questions I can answer for you!

@Saul Clavijo make sure you understand you will be getting into Class C properties at those numbers.Food for though below, DM us to chat more about Detroit:--------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

I provide free rental analysis when you're trying to determine potential rent values.

It’s entirely possible to operate with integrity, provide real value, and still earn a strong income.

Daniel Siapin We were in a partnership with a couple of award winning wineries in SA about 3 years back (not going to say who but one provides grapes to Penfolds and was winery of the year not long ago).I would say this.

They were required to provide proof in the form of a receipt by a certain date or I would order the cleaning and bill them.  

No cameras allowed in common areas except that provided by landlord, garage agreement, and so forth, then I see no problem warning this guy to fix or quit. 

Ensure the rents and expenses support the debt service and provide solid cash flow after covering the assumable loan, seller carry payments, and operating costs.Occupancy & Rent Roll: What’s the current occupancy rate?

Hey Justin,I'm from CA and I have been in MS for a few years now, but my husband is a MS native.We are a family owned Property Management Company and we have plenty of experience with owners and investors.I have some ideas that you may be interested in, and I would love to know more about your opportunity to provide some insight.