Good Luck This is very negative, and doesn't really provide the OP useful info, John.Winston Churchill once said, "A pessimist sees the difficulty in every opportunity; an optimist sees the opportunity in every difficulty."

.- I'm suppose to get a call back from a supervisor, which I requested yesterday (7/11/17), but I am not optimistic I will receive this.All this time, my tenant has had to find alternative housing, as it's summer in North Carolina.

i think the rent is optimistic .

And therefore his conclusions relative to how much money is left at the end of the day to invest were overly optimistic...That said, I do have the portfolio and the financial statement that he talked about.  

great thread - RE investors tend to be optimists maybe even more than other investors - it is probably more useful to look at local underheated markets rather than overheated ones like SF and NYC the ROI of a lot of places in NY are maybe 4% or less - only with tax planning do they make any sense - unless you are looking for a return of your money not a return on your money - other places have both. but you need a manager who is there and you can trust.

The number always look appealing however I've never felt great about the numbers provided they are definitely on the optimistic side.However I wouldn't know for sure and the reviews are mixed.

I would like to know if it is a good opportunity to invest-in or the goal described above is too optimistic and the investment is not that appealing. my plan is investing 70K while I am a part of group of people.Thank you in advance for your answer!

So the disparity between home price and rents grow, not shrink as you are optimistic about here in your post, as markets face appreciation.I do agree with you that I would never invest in a property in which I didn't expect both appreciation and cash flow. 

I am a natural optimist, but it's great to have this post on BP and give people a sense of the not-so-bright side!

One iportant thing to keep in mind is that the flashy amenities or upgrades you put into a property are not likely to add THAT much extra to the rent rate since prospective tenants nowadays just use filters when searching and rarely filter based on amenities.As others have mentioned here, there is not an exact science to it but what we've found to work for over 700 properties is that we start at the optimistic end of a range based on comps and then our system tracks number of views on the listings, number of inquiries, showing signups, and applicants.