I as an owner cannot argue with someone who knows the region and rental market like you guys do. 

Purchase price: $10,000 Cash invested: $6,000 Two story single family home. 4 bedrooms, 2 bath, in Ottumwa Iowa.

Win or loose.And hopefully you can "rinse and repeat".Just my opinion and I as I said, it can get messy and friendships can sour.Much success

Maybe someone else knows better than me but is Iowa real estate in shambles?

Yes, but what is required may differ from what I, as an appraiser, find meaningful, credible, or reliable with regard to value.

Or Iowa.

In contrast, Midwestern states such as Iowa and Wisconsin have the lowest average weekly grocery bills, coming in at $227.32 and $221.46, respectively.

I invest and help others invest in Cedar Rapids, Iowa and know a couple neighborhoods where the tax assessed value is lower than other neighborhoods (same house), but just have a poor stigma/border thriving neighborhoods, so the spill over is and will continue to push into these neighborhoods.#4 You can take this questions 2 ways. 

@Karla Olivares I'll DM you the insurance carriers my clients use for IA & IL. 

If there's a part of the job that does not require a license and will not be inspected by the city (such as finishes) I as the project manager have the option whether or not I will give that portion of the job to the GC or farm it out.