We don't cover that area, but know that due to lower population density, finding a great PMC is difficult. 

A more average representation would be 10% interest rate and earning 8%. 

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

Alternatively, you could split it between House 2 and 3 in a way that covers your building budget for the apartment.

I always cover my experience, the brokerages experience, and expectations with communication - 9 - 5, M-F, 24 hr turnaround during business hours, and the owner can reach out to me personally when the team isn't present. 

How long will they have to cover property taxes etc for the decision they make?

we have several properties now in McHenry County now, and we are looking desperately for an attorney that covers that area.

Also, are you doing separate loans, or one loan covering both properties?