I heard Ann Arbor is an up-and-coming market with potential for ongoing future growth, whereas, Boston may already be saturated and reached its peak...?  

I've done some property analysis on my own and watched some BP videos but I'd love to check out your on going work or an entire area!

I heard its best to use only 10% and to use 30% as an open window if you ever plan on going over that.

Both have a clause about signing estoppels which is well past due.That and the 2 tenants seem to have some kind of ongoing issue with each other.

I would like to create an ongoing working relationship with an agent in each area.

Water is the big one.If so 28,800 X.60 = 17,280 ............. 28,800 - 17,280=11,520 Your 8 cap would be in the range you have suggested.Now the .60 is for ONGOING maintenance and repairs and expenses.

Purchase wrong, and you'll be feeding money in on an ongoing basis.

If a note was made in 94 it's amortization could well be ongoing with around 40+K left...guessing as I can't find my calculator!

Unlike some states, Texas does NOT have any ongoing fees provided the total revenue is under $1,100,000. 

This gives me a starting point, as I don't want this to be an ongoing issue.