A new one that has popped up is Black Hills Property Management and I may be mistaken, but I think it is a one woman show and she is also a real estate agent for Keller Williams.You might get an idea of what rent you could command by calling the Candlewood apartments, Kirkwood Meadow apartments (managed by KPM), or Harmony Heights these are west Rapid apartments that command nice rent, my guess is $850 - $900.Ended up being a long post, and what I would tell you is that I exited the Rapid City market once the prices started to sky rocket in about 2012.

Sherwin Williams Harmony is a paint that actually absorbs and then neutralizes formaldehyde off-gassing.

You usually don't see both sides coexisting (at such extremes) on the same property.I'd guess one of these numbers is WAY off:  $30K gross rents post-rehab, $800K all-in to get up and running, ARV of $1MM best-guess.

Myrtle Beach is the yankee redneck capital of the world...bocce ball and corn hole coexist.

Remember you are looking for a harmonious out come.

I'd like to build something harmonious with the what is going on, but it's a little early in the process to see how things will look.

Its going to give you a more harmonious outcome.How did you come out on the house?

If you can find a way to structure a deal to get them all to play together in harmony, though, you're going to make some good money.

You will always get a more harmonious outcome.  

Be sure to make LLC and legal docs with a lawyer before doing business with family, everything must be in writing just like with a stranger to help ensure family harmony...Maybe you should rehab and flip the house and buy something more urban to rent that is more likely to cash flow?