I grew up in that area, and it's not great - declining population, stagnant economy that relies on 1 major employer (Caterpillar).

It may even be higher than 5% depending on the area. 

One of the areas we see investors needing the most design help in is bathrooms.

Quote from @Willie J Baxter: I used dealcheck on a multiunit in the area and played around with it till i could cash flow positive $250/mo.

Although most municipalities do follow the IRC, there are differences by area.

I was looking there myself and curious what areas you would choose for a mix of cash flow and appreciation? 

I was told the reserves are a requirement of the REIT loan that we have.

Quote from @Jeffrey Farkas: Seeking to connect with brokers and investors in the Central Ohio area for 30+ unit multi family properties.Looking forward to meeting.Jeff 

@Robert Spiegel Great question, and it’s always a balancing act when dealing with long-term tenants who’ve been fantastic overall.Based on my experience managing over 1,200 rental homes in North Texas, including areas like Dallas, Fort Worth, Plano, and Frisco, here’s how I would approach this:Cleaning Charge: While $540 may feel steep, it can vary depending on the size of the property and local market rates.

According to the Planning Board, the intent of the RM-2 Zone is to create, maintain, and enhance residential areas characterized by a mix of single family homes, duplexes, townhouses, small multi-unit buildings, and neighborhood businesses where appropriate.I'm assuming by definition I am zoned to convert to a triplex?