Pricing is probably pretty similar, $650k to $1.2M is pretty similar to what we'd have for something like that.

On paper that is a pretty darn good ROI but I’ve found when dealing with lower rent numbers the profits dwindle quickly especially when the PM has so much loose leash.  

I have the chain of emails between them and the contractor pretty much saying that they saw the cable but rather then calling they called after digging through the cable.

My business partner does a lot of work for UB property owners and shares some pretty rough stories with me.

With DSCR, credit and down payment are the major factors (plus the property itself of course) so it is very possible since a lot of the properties in the area cashflow pretty well. 

You claim it was because we took to long but as I recall the things we were going to do for you were pretty much talked about and scheduled  within the same month of you purchasing the property.

A single-family home or small multi-unit property can be a great way to dip your toes in the water.Build a Team: Even if you’re planning to handle most things yourself, having a good real estate agent, property manager (if needed), and a reliable handyman can make life so much easier.Learn the Local Laws: Pensacola is pretty investor-friendly, but it’s always good to know local zoning laws and short-term rental regulations if you’re thinking about Airbnb or VRBO.Run the Numbers: Make sure you’re clear on the property’s cash flow potential.

The 10% vacancy and repairs, along with 5% capex in my opinion are pretty high. 

Between the two of us, we are pretty involved in real estate.

Same with Cleveland a pretty much all of the Midwest.