HUD targets average rents for an area, so just like average school grades, this typically translates to Class C property rents.In our Metro Detroit market, the MAJORITY of the claims about getting higher than market rents can be traced to a Class D Neighborhood/Property. 

This seems to be breaking down new construction and is a national average so kind of hard to read into this what it means in general but I would not expect a 665k new construction house to be my target for a rental property. 

It's been a rental for the past 4+ years and makes on average $400-$600/mth Lessons learned?

For what it's worth, I tried to run your numbers using the proforma I use with my CFO clients and I'm getting an IRR (average annual return) of nearly 23% (see page 2): Kalamazoo Properties

That also plays a major role in what to do. end of day stocks and real estate over time provide the same return on average - so it is really based on the individual, their experience and desire Thank you. 

However, sold data is restricted in a lot of states so it's not accurate comparatively.I have always found the overall interface average.

I just did a quick search of the area and there appears to be an ample supply of properties with an average rent of approximately $1.10/SF.

Real estate investing is forgiving; the average person can still make money even with some big mistakes.

The S&P 500 index returns on average 10% per year. 

Haven’t connected with anyone yet as far as management, but Sylva is averaging around 70%.More to do over there.