I'm just asking for advice on how to work out of market.

when the business doesn't work out, people lose their home, creating supply for us flippers.  

Property taxes are high in Shaker... but they maintain the city very well.... and its a decent to good school system... and the School system just got a new Superintendent and new principal at the High school ... so well see how things workout!

I don't feel it's possible to work out every last detail and know what the future holds, but you should have a firm grip on the basic math before you jump into investing.The real bottom line for me when I started was positive cashflow (although I couldn't articulate it then).  

You can also compare properties in VRBO.net to find out what similar places are renting for, how booked they are, how many are in the current market (for saturation) etc.Don't forget to include costs for Debt Servicing (if any), HOA, Taxes, Insurance, Utilities, Property Mgt, and savings for Maintenance/CapEx.Remember it really should always come down to the numbers - use conservative values, and if they don't work out, don't do the deal.The spreadsheet I have doesn't copy/paste well into a post here, but here is a picture of a deal I have in escrow right now:

@Andrew Davis  there is no asset protection from PG of bank debt.. other than work out or BK.but I assume you talk about asset protection as it relates to someone suing for a slip fall etc. that's one of the Joys of being a lender..

You may be able to work out a deal with a turnkey operator to get a better deal by purchasing the homes yourself, and then paying for the work plus a fee to the operator for handling the coordination.  

PM me so we can chat if you'd like.Spoiler alert: it's very expensive when you consider all things, but can work out.

I would always tell them call me B4 you make a repair so I can at least have the choice of shopping the work out.

You dont want to sign a commercial lease and get locked into a 2-3yr lease and then things dont work out in 9 months.