With my automated alerts set up, a 3 unit came on the market in the town where I had already been investing. $69k for a 3 unit with gross rents of $2k a month and total expenses of $800 a month which included management and capX.

I would take a 10% return in my home town A/B versus a 15% return in a C market OSS.  

If you do it right, it’s arguably the best market to invest.Purchase: $80k-$130kRent: $1100-$1500 (no rent control in MI)1% rule: .9%-1.4% rule dealsCoc ROI: 5-12%Total ROI: 20-40%Cash flow: $50-$250/door (after all expenses and budgeting for maint, capex, vacancy)Appreciation: 3-10%+ (has been double digit for a decade)Location: C+, B-These numbers are based on the “sweet spot” in Metro Detroit.

yes, on paper it makes sense to run by the room because you can technically maximize your rental income but you have to consider the following things:- who has control of the thermostat?

Most of the reason I got into RE is because I control the asset.

I've also considered just flying back to town and showing it myself as it would be roughly the same cost to do that versus a property management company, if not a less.

I own a house just south of Jaco, in a town called Esterillos Oeste.   

I’m out of town this week but happy to give you my insight when I return.  

If you are a control person, this can be a challenge but I have learned to let go over day to day issues that come up that I would do differently.Handypersons are a tough one.

Letting go of control into passive investing and being a money investor makes me nervous.