Until next time, stay skeptical.Herzliche Grüße-Andreas* The preceding has been my opinion only, the views are my own, and are intended for educational and entertainment purposes only and does not constitute financial advice.

Anyone have knowledge that can be helpful, any JD/CPAs on the site, or can point me in the right direction? 

They will pay high prices to meet needs that are not income producing - they are shopping for a different product that is provided from the same stock that our income properties come from.2. having deep enough knowledge of the neighborhoods to allow us to recognize a good deal takes a lot of time.

I'm extremely active and knowledgable there.

They are wanting to stay under 150 and put a little work into the house, maybe a little more depending on the deal.

Networking with some local investors/contractors in the area who may have experience or knowledge in this area might be the best bet. 

@Duarte Marques S8 tenants tend to stay longer, but they also cause higher maintenance costs.They also have problems paying their part of the rent and utilities.So, the 10% vacancy factor should be looked at as vacancy + tenant nonperformance.

When people are asking these basic question I read it and understand it's not a knowledge based question, it's an emotional one framed as a knowledge question.

When I got started, I didn't understand just how significant of a part construction and construction management knowledge is in this business and in my experience anything you can learn from that perspective will pay off long-term in money saved and made on your projects.If you want it bad enough, you'll figure out a way to make it happen!

It also requires gaining a level of sophistication and knowledge that not everyone has the time, inclination or ability to do.