I like Grand Rapids: above average population growth, diversified and modernized economy and cultural depth in art and craft brewery scene which I think makes it desirable.

Jon Holdman Could you explain more in depth, please?

It’s now time to conduct a more in depth analysis of the remaining properties.NOI=Income-Operating ExpensesIncome-Gross monthly rent-Other sources of income (laundry, storage, etc)Operating Expenses-Insurance-Garbage-HOA fees-Taxes-The above four bullets can be estimated by simply making a few phone calls or doing some online research.

For more in depth understanding, you're best off to set up a meeting with your Title team and/or their plant manager.

I really appreciate all of them as well as the in-depth discussion.

That's the same idea I had but I had never heard it explained so in depth.

Or if you have one operating checking account for all your properties, then have one security deposit checking account.I haven't researched your state (PA) in depth, @Richard Fields, but if it is the case that the tenant is entitled to any interest earned on their money, and no interest is earned because it was held in a checking account, then that would eliminate a headache of figuring out whose pennies belong to whom when it comes time to return the security deposit.It's probably the case that you'd thereby also be forfeiting the 1% administrative fee mentioned too, but again in my mind it wouldn't be worth the hassle - life is complicated enough without generating tasks for the sake of literally a few bucks.So in your shoes I'd probably put all the security deposits for that property in a secondary checking account and just use Excel or whatever bookkeeping method you normally use, to keep track of them.But I'm not an attorney and am not giving you legal advice.

Really have to look in depth at location, land size, parcel layout, etc.

It does at a bit to the expense, but I think each thing is about $3-400 each up here.A well pump that dies can be pretty spendy to replace ($3-5000) depending on the depth of the well, because that changes how much tubing and wiring they need, plus the pump itself, and they have a special truck to raise/lower the well.

I will look at them in depth again.