I went back to Memphis last year for the first time in six years to find all is as advertised with very minor exceptions.We have picture inspections done every four months, cost $75, because I'm a trust but verify guy.Good people, good service.   

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

If you're in MKE, then you'll probably want to connect with @Shawn Ackerman.Do you a price range you're targeting and are you looking for a turn-key property or something along the lines of a "fixer upper"?

Actually have people contacting me before I advertise a unit available.

Try being an agent, your phone number is EVERYWHERE and you get targeted by a whole industry that wants to sell you the latest gimmick.Here is what helped me.I answer calls and when it's a telemarketer I will interrupt them and say very friendly (because I don't hate the poor person who gets paid to do this and coached to be ruthless): Hey, so glad you called, can you do me a big favor? 

Focus on areas with sustainable taxes and long-term rental demand, targeting groups like college students, young professionals, or travel nurses.

Once you move to Chicago, look for similar groups—Chicago has a vibrant real estate community.Building a Team: Since you’re new, connecting with a knowledgeable real estate agent, lender, and property manager in your target area is critical.

You’ll want to make sure your property is styled and stocked to fit the target market catering to what Big Bear has to offer and what guests expect.

My strategy would be to target properties which are most likely of the owner NOT redeeming.

Placed in service means when the property was available for rent (i.e. certificate of occupancy or first advertised).