Where modeling can get a little more difficult is when you are calculating for different waterfalls.

In addition, be sure the property management company you choose is capable of handling the particular difficulties associated with the rent-by-the-room method as well as your own demands.Good luck!

I agree that brevity is golden but was having difficulty in deciding what to slash in order to shorten.

That created difficulties with the tenants who wanted things done outside of our owner's control. 

otherwise i agree with @Shiloh Lundahl.and... i get your desire to start in a lower cost market, but BRRRRing out of state is very, very difficult.  i

Jay,Thanks, I am in the process of doing just that, as Hughes was mentioned in this article:Door to Door: How a set of broken steps illustrates Cleveland's dance with out-of-town investors"The story of Exitos Capital, ... shows the difficulty the city faces in reaching out-of-town investors – and the challenges those investors can encounter in keeping track of their holdings.The company jumped into the Cleveland market in March 2018.

I also hear of recently constructed multi-family buildings in inferior Fishtown and Kensington locations turning to the voucher program because they are having difficulty competing with the large amount of new inventory in their neighborhoods.

A lease is more attractive to me because I have never needed to try to evict for any reason other than failure to pay and have had no difficulties doing that.

Everyone in Florida is having difficulty renting.

It's important to carefully assess the situation and consider all available avenues for addressing the tenant's financial difficulties while also ensuring compliance with the terms of the lease agreement.When considering early termination, it is important to thoroughly discuss and understand any potential penalties or fees that may be associated with ending an agreement ahead of its scheduled completion.