We're looking for the most simple method possible.

Account Closed We are in the same local market here in CT, the quality tenants for the quality units are typically found on one of the Zillow partner sites.

My quality of life has improved dramatically.

@Ivan Barratt  I don't know about that just opinionated  :)  its not rocket science just buy close to the median in a given MSA use a quality company and a very good PM and things should go OK for you.its those that are determined to find the highest return and don't weight the risk or don't realize that risk is pricing the market..  

Again, it's a less exactly method of getting to gross rent potential but it's a start.   

The only thing you could do that cash flow does not show is what BP calls the BRRR method.

This one is a much higher price point but I'm more comfortable because it's just down the street from me and actually has the same builder as my home, so I am very familiar with the structural condition and build quality. 

Thanks Aaron , I am curious though, are the buyers looking for a certain price point related to the quality of the house and are they appreciating like owner occupant houses

In that case, certainly get the seller to sort that out first or you could have a headache.The property management company that I like and trust never hold you to such obligations from the start, they operate with the highest quality of service and basically maintain that if you don't like them you don't need to work with them.

Russ, looking for a contractor to work on low end to medium quality flips.