If your Realtor is telling you $500/mo in pure profit then the what are they basing this on.Cleveland Water and NEORD will probably be about $125-150 per sideNo lawn maintenance this time of year, but in the summer you will have thatIn F neighborhoods turnover will destroy your profits as well as tenants just being hard on the property in general. 

My realtor mentioned not wanting to put nice stuff in because it will inevitably get destroyed and you want to change everything out every 3 years.

My six unit building has been totally destroyed by a fire.

Other magistrates are better, but it's completely the luck of the draw whether you're out another 2 grand while they destroy your house...

He had tenants in the house for two years that destroyed it.

If the cabins cannot be legally replaced, what would happen if a fire swept through and destroyed several cabins?

One mistake can cost you several years of cash flow and kill your attempt to build wealth, not to mention destroy your desire to continue with real estate investing.Remember: a cheaper PM doesn't mean you'll make more money.Start by going to www.narpm.org to search their directory of managers.

@David Smit I love your empathy for the poor, they are a part of our society that has been destroyed systematically since the 1960's.

That keeps a good tenant flow - people with jobs, good credit, unlikely to destroy your home.3.

In 6 months they broke 3 light fixtures - I had reports their kids were spraying a garden hose from the outside of the house into the kitchen, broke a large kitchen cabinet door, broke several plastic pieces of a new higher end Fridge, fist sized hole in the wall, carpet stains and the entire house may need another repaint, damaged woodwork, scratched kitchen cabinets, stole the curtain rods, curtains my wife spent a lot of time picking out stolen, destroyed the back yard - let the weeds grow several feet tall in the flower beds etc.