That said, Columbus is a stable market with high demand across the board...all supported by any metric you care to consider...it's a challenge to find the perfect deal, but if you are prepared to pull the trigger and broaden your reach by building your relationships and networking something will turn up.

With current market conditions, it involves putting hundreds of opportunities through the funnel, often through direct to owner marketing or extensive broker relationships.3rd party PM is less about ACTIVE vs PASSIVE than it is about PROFITABLE vs UNPROFITABLE. 

After all, being interested in REI is why I got into property management in the first place.What I'm currently working on is analyzing deals, getting the word out there and building key relationships outside of my existing network. 

The difference in .12% on interest is so minimal that it's not worth it to open up a new banking relationship right now. 

For rental purposes though I  think most just have to figure out what they are willing to do vis a vi risk / reward.. also in your numbers above there is no PM.. so for mom and pop self manage that's what I would consider pretty attractive for non appreciating or historic non appreciation markets.. 

Having a mutually beneficial relationship with a hard money lender is important.

Have a few questions.I have established a relationship with my bank and spoken to them about my goals of purchasing the apartment and they are open to it. 1.

I figure revitalizing the historic movement will be the perfect platform for my new blog about growth and real estate development in Bend Oregon!

They are also passive and have higher historical returns.

Real Estate is a relationship based business so start networking!