Ensure the company you have manage your home understands and can handle the sales process, it will save a tremendous amount of time in vacancy by NOT having to turn it over to another agency to sell.

Turnover cost can vary tremendously.

I left the insurance industry to pursue a partnership in a renovation company where I was very hands-on and learned a tremendous amount.  

Unless you bought the property and there was a tremendous run up in price.  

I suggest starting with the most recent episode and work your way backwards, if you listen to this podcast consistently you will shorten your learning curve tremendously and learn a ton.

If you want a 15%-20% net(25%-30% gross) deals, you will have to deal with a tremendous amount of headaches, and being out of state you will most likely get ripped off by contractors whether its materials or time, even if you have a good GC, then you first have to deal with city permits and inspectors who will fine you for anything including garbage, high grass, etc.  

Given that most of the group I was in had a lot of tenure there was a tremendous amount of repoire and trust built, and people provided the best advice and/or services regardless if that meant it benefited them directly or not. 

Granted working here helps me tremendously but here's the catch; Any investing I do for personal gain would have to be on my own time, with my own money (and seeing that I just got an apartment, there's around none of that..) off my own lead that I found on my own time.

I feel like with Columbus' growth expectations there is tremendous upside in the next 5-10 years and I'd love to own more down here but I want to at least break even while I am holding.

The building had a tremendous upside if it could be filled and managed properly but there was a mountain to climb to get there.