They are in Fountain Square, Crooked Creek, and Forest Manor/Audubon Gardens.I normally see expense ratios sitting around 40-50% for SFH's, is this accurate for this area? 

I think these bigger cabins are getting sucked up by the normal demand and with the lack of new builds coming online. 

Unfortunately very few who seek out these assets take the time to consider their exit and fail to realize they are the most costly assets to exit, let me explain why: Here's how that disposition process to an owner occupant looks: -You will incur turn over expenses associated with vacating the tenant in preparation of the sale -The natural buyer in this price point is the FHA buyer who will normally seek a 5-6% seller assist  -Passing a Section 8 inspection/preparing a home for a low income tenant is very different than the expectations of a home owner,   particularly the FHA buyer who cannot afford to take on any deferred maintenance.

Is it normal to have a negative cash flow in the beginning?

It lacks good standards for entry and results in a lot of noise from potential renters and messenger I not something I normally look at.

I know a HELOC normally does not come with much of a closing cost, but over the long-term, this might make the most sense. 

My hypothesis is that a Venn diagram of high-sophistication principals and normal properties (however defined) would encompass 20-30% of SFR transactions.

They have no skin in the game, they'll just move on to the next owner.

The current 6% mortgage interest rate is actually normal in a historical perspective and a lot of US real estate isn't profitable with such a rate and it might not go back down to a real-estate friendly level for a long time.

Guests normally don't like to be asked to cover damages that they caused and sometimes give a lower rating because we ask them to cover it even though they have COI that insures my listing.So I'm exploring the event guest screening option that they could put down the security deposit as well. 1.