In the Atlanta Market when looking to grow your rental portfolio set a bar realistic bar that will have 10-30k into a deal and aim for a 15-25% CoC return. that is not absurd to achieve and you can do it all day vs just once in a blue moon.

On my application, it says:The application may be denied for any of the following reasons: charge offs or bankruptcy, judgments, eviction/eviction filing, foreclosure, insufficient income, lack of full security deposit, unfavorable references, incomplete, false, or unverifiable application information, or dangerous/intimidating behavior.You're not legally obligated to rent to anyone, as long as you don't reject them for discriminatory reasons.

Most significantly, the idea that a building grossing $80k a year is only reserving $200 a year for cap expenditures is absurd. $10,000 is a better guess. $160 for vacancy reserve is also ridiculous.

This drives up the comps and creates a false sense of "hot markets" when they're still crappy.  

Your blanket statements and assumptions are false.

Finally, I had a property manager but found them creating false repairs and fired them.  

I had a friend that fail and they will fill you with false hope just to crash in the end.

I don't judge though before testing data, so just split test it and switch up your content to see what works best for your area.Also, another assumption that affluent areas don't have people in distress is false.

Is this statement true or false.2.

If that is the present owners number it is false since NOI on a rental is a projected number not a actual number.