And while yes, no one has the same pricing (combination of factors), I also continue to check on a regular basis our rankings and how we "present" on total costs per stay vs. our competitors.My gut says there is price creep and we might have a ways to go before the market really corrects.

My passive income would be $262 total ($131 per unit).

Commercial is a totally different ball game than residential, so connecting with a commercial broker will definitely make your life easier.

Either a totally trashed out hoarder house from a whoiesaler, vacation rentals, room shares, etc. 

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

My job will be on the southside of Indianapolis, so for location wise that would be better, however obviously the north side seems to have more potential.

I looked at the rental trend over the past 10 years, I should be fine in year 7 for the refinance unless rates are totally out of this world.Your right those rents would be really low for Stamford. 

For REP status federally, you must meet two requirements: work 750+ hours in real estate activities and spend more than 50% of your total working hours on these activities during the tax year.

Not enough information here to answer this question accurately.Is the home a total loss? 

Closing costs typically range from 2 to 5 percent of the total loan amount, and they include fees for the appraisal, title insurance and origination and underwriting of the loan.”When it comes to closing costs, a trusted lender can guide you through specifics and answer any questions you may have.