Let the PM help you decide if the rent it too low and let them put a quality lease in place.I've found rent to own properties in this price range don't typically work out since the tenant/buyer has too low of a credit score [I shoot for a 550 minimum] and/or doesn't have the additional down-payment needed.I'd suggest just having the PM bump up the rent as much as they can, get a signed lease and let it run as-is for as long as possible.I hope that helps.- it's always good to see another Hoosier utilizing this great site!

Look for local Coin Operated Laundry Equipment Dealers (Speed Queen, IPSO, Dexter, Whirlpool).

As I'm targeting the short term tourists market, schools and other qualities that are important to local families looking for long term rental is of less importance to me. 

As long as the numbers work, you are confident in your design aesthetic and give the people quality work and what they want, I would say, go for it!!! 

It has some very stringent rules that must be adhered and it is more expensive than a straight exchange but it can be the answer to getting a quality property in a heated market.  

But I am somewhat impatient with the speed of the process of doing it on my own, so I began taking capital partners.  

My properties that are in class A/B areas may not have great cash flow, but the quality of tenant is such that there is less management involved in addition to the properties being newer so less repairs.

My theory is that it may speed up overseas investment as investors there race to get ahead of further devaluations (and before they're swept up in 'anti-corruption' investigations which are mostly designed to weed out anti Xi Jinping factions).There is another hit to demand that also could originate in China; the slowdown in their economy and it's effect on raw materials producers (see http://www.visualcapitalist.com/china-consumes-min... for a good look at that).

@RANDALL RITTGERS Hey Randall, I have a couple contacts that I will share with you via PM.BUT, just as general commentary, we're all looking for reliable general contractors who can do quality work at investor-friendly prices.

Sounds like a decent deal if you are getting quality tenants and if mortgage is low enough