Hi Krista,I don't want to discourage you but I have a little different perspective on your situation.

To give you perspective on capital saved, I have $16k total.

Also, that is a very low amount so most won't be interested in it from a HML perspective.

In addition, they typically preach 1 perspective niche and not cover the multiple ways to make money.

The first floor kitchen and bathroom has been upgraded and I plan to add some fresh paint etc when the current tenants lease expire.

I'm Sedrick B, a fresh wholesaler in las vegas.

My perspective on #3 is that newer builds will still have expenses.

Good morning:Looking for suggestions or perspective from someone who has used a Baltimore, MD sprinkler system installer contractor.  

CAP rates are a crummy way to value residential real estate and an equally crummy measure of financial performance for all of the reasons mentioned above and more ... you may disagree, but since the only other person out there that regularly disagreed with you on this was kicked off this site for doing so, and just about every other turnkey operator seem to be in the business of perpetuating it as a metric to try to artificially pump up the attractiveness of their offerings and scam newbies, please forgive me if I try to offer some counterbalance and perspective to other new investors who would otherwise not have any other exposure to such radical ideas as using CAP rates the way they were designed to be used by the professionals who use them.

With those altered figures, how does this rental strike you from a numbers perspective?