This is why it is imperative to partner with reliable contractors who operate with integrity, who are qualified with the right licenses, insurances, and experience that it takes, and who pride themselves on delivering quality results.

Airdna (don't know how reliable their data) says it's a $1800/mo gross unit.

.- for people who buy it themselves, I estimate an average 7-cap can brings in ~30% IRR after 5 years assuming 5% annual property value increase and expenses at 50% gross rent.Beside return, can an average out-of-state investor reliably get a few 7-cap deals every year from a good market without much marketing (using a commercial real estate agent for example)?

So I'm questioning his reliability in the understanding of this realm of taxes.It is possible that he was attempting to dumb-down the explanation for me to understand.

If I buy new machines - any suggestions for reliable but inexpensive units? 

I’m kind of asking more or less if anyone has found a good, honest, reliable one to work with in the Midwest that is willing to fund newer investors.

It’s a reliable monthly check for the landlord.

Must be reliable, affordable and trustworthy.

This is why I always recommend using a good, reliable and honest Property Management Company.- Limit on rate increase - Less control over the home- Payment collection is much harder than in STR.

IMO, we need to invest in more traditional power systems known to be reliable.