I don't currently have any investment properties, but will likely work with a turn-key property managment in the Memphis/Little Rock area.My goal is to build a good cash-flow portfolio to ease into retirement. 

ci=Bismarck&st=Nor...This will help you determine how much demand there is and whether or not you can charge enough to cover your expenses and hopefully produce some cash flow for you.

Did you lie to the mortgage co and produce a “bogus” lease in order to obtain financing?  

This will allow you to qualify solely based on the income that is produced from the rent of the property.

China as a low cost producer is past- they have aged and standard of living out.  

But when it comes to choosing or creating investments that will produce a return along with personal fulfillment or enjoyment, then I say it definitely matters what you invest in and where you invest.  

These properties typically turn over once a year as they are mostly student rentals. 

waste of time utl is not reponsible.. turn it over to insurance

There’s no real reason to jump into another market unless your goals shift and your current market doesn’t fit anymore—or if the market itself stops producing the results you need.Mastering one market and squeezing every opportunity out of it is a much better play than spreading yourself too thin and getting half-baked results in multiple places.

If it's turn key and rented you would analyze current rents vs expenses.