Hi Matt,Both Ohio (Cincinnati/Dayton) and Texas (Houston) offer great opportunities for BRRRR, but the impact of location depends on cash flow, appreciation, and competition. 

There are plenty of such service providers available, though they typically charge 10-20% of the gross rent.

What percentage do you typically allocate to this with your properties, or when you are assessing a property?  

Hopefully, you find it helpful and qualifies us to assist you with your goals:)---------------------------------------------------------------------------------------------------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?

Hi everyone,I'm a new home buyer from Bay Area and trying to get pre-approvals in place before I start making offers.

I am on the board of the RPA (Rental Property Association of Wisconsin, a non-profit) and typically hear if things like this are an issue from our members or attorneys.

Typically, I also avoid paid education because there is so much free content.

Typically Sec 8 / HUD pay slightly above the market average.

A 50/50 split, while not uncommon in the world of flipping, is very sponsor friendly, relative to the typical syndication which will typically start at 80/20 or 70/30 splits, with a vast majority of proceeds going to the LPs, along with a preferred return that gives them 100% of the cash flow up to a certain annualized return metric.  

The "typical" off market seller is someone who thinks their house is in too rough of condition to sell on-market, but doesn't have the money to fix it themselves.