I own properties in cleveland and yes one might argue that cap rates are a bit lower than in detroit but the market isn't as overheated and there are plenty of opportunities.

Others have caps on how many nights a property can be rented or outright bans on certain types of rentals.

The cap rate on the property was a little over 4.5%.

I am guessing stricter privacy laws can make this difficult.

Not being on the ground makes it difficult to monitor progress and judge the quality of work.

If not, it’s likely going to be difficult.

I am a newbie in book keeping and i gave up on QB it was very difficult 

A good manager will handle tenant communication, security deposit transfers, and ensure a smooth transition for you.Changing managers doesn’t have to be difficult—following the agreement and partnering with a competent new PM will help you get things back on track.

Check out InvestorFuse online to take a look at our full pricing breakdownWe were the first company to do a turnkey Podio buildout for wholesalers in 2016- close to unlimited customizability, but robust, more challenging and difficult to train teammates on actually using on a day to day basis which is the main point of.

During your analysis did you include a percentage amount for vacancy, maintenance, and cap x?