As I invested a few years back, my returns have been pretty good with cashflow and appreciation. 

Memphis has a pretty affordable housing market and tends to offer solid rental yields, which might align well with your goals.Let me know if you need any more info or want to chat further about this.

Although I’m pretty sure you can dissolve the LLC beforehand if you haven’t sold yet. 

Rents have been pretty close to what the housing authorities advertise, sometimes even a bit higher.Fort Wayne’s a solid spot with low taxes and good cash flow—definitely worth looking into.

Sometimes there is only great recession data, and that recession was pretty mild on some asset classes, versus previous recessions.

A 5% of incoming rent for each category is a pretty standard amount to budget.

He is an engineer and pretty risk averse.

I have found that it does pretty much everything I need it to to manage my portfolio.

Answering your question is hard as this is a pretty broad question.Sourcing deals. 

Our total invested into this property is 1.14 million among 10 investors (this amount does include a 250k seller carry loan to be paid off by the 2 of the investors over 5 years).This property was up and running starting December 15 and we have had it pretty booked since then.