A client of mine recently invested there and raves aboutt the ease of finding solid contractors who stick to the budget.One piece of advice: before jumping into any market, spend time understanding the local economy, demand drivers (like job growth and population trends), and the landloard laws.

Unless you are planning on investing in your back yard and have extra time to spend, getting a good PM is very important.  

I spend extra for the the supply house versions and rarely have issues during warranty period.

pack your trips with showings and meetings.if it's not worth it to you to spend some time and money doing that... then don't spend tens of thousands of dollars on a property.

So, why is McDonalds still spending billions on advertising?

So basically $2M annually.So I could spend $200k and make $24,000 in a year, or I could spend $200k and make $2M in a year.

Company overhead - you will need to spend $5-$10k per year on taxes and company overhead. 5.

Overall, you're spending $25k in extra costs and a monthly pmt that's $500 higher to keep $50k in your bank account. 

This way, they’ll have a vested interest in maintaining high standards of management.To truly understand property dynamics and support the management team, I recommend spending time on-site.

Does the new partner want to spend six months of the year in two of the units with their family or would they rather it purely be an investment.