Luckily Michigan is one of the states that tends to cash flow  better than some others so whether you are in the 50k range or the 150k range you can still find strong cash flows   I would recommend discussing your ideas/strategies with a local realtor and a local lender.

I'm almost done with a bunch of projects which are laying a strong foundation for future growth. 

@Aaron Tiffany, there's a lot in here, so let's take them one at a time.Multiple loans: the key is to establish a strong relationship with a local bank/credit union.

This can prevent two extremes: under pricing below market and over pricing and having an idle asset.I believe this method will provide a proxy rent strong enough to do deal analysis with, particularly in a well diversified portfolio.Let math do the heavy work and massage as necessary for finishes and how fast (or slow) the unit needs to be rented.

I think any strong due diligence with a service company entails speaking with their current clients, multiple clients that have owned multiple properties for a number of years from the provider.

When it came to the vote, three of the six commissioners felt so strongly that STR's would change the face of neighborhoods that they said they too want it to be limited to only an owner's primary residence. 

Can anyone provide me with an example of an effective letter used to approach an owner of a 6-8 door garden style apartment complex?

Also, strong marketing strategy and finding what works in your area is also a must.

I LOVE Huntsville and my SFR have been holding strong the past 4 years. 

It was a fairly strong smell for many years, but now it is only bad a few times a year.