Its current projections are to bring in between 150k and 180k with estimated costs of 60k.  

A good GC is essential, especially for remote projects.

I plan to use a project manager but would love to hear your thoughts.Finding a reliable and trustworthy property management company feels like a big hurdle.

I also look at future development plans in the area, as new projects can increase property values and attract more renters.

Analyzing the neighborhood and the asset condition is the key to projecting accurate returns. 

Most turnkey companies proforma does not tell the complete story and that is why is called "PROFORMA" OR "PROJECTION", they don't account for the true vacancy, leasing fees, holding costs, and Headache factors that come with a Class C and D properties and neighborhoods.Hopefully, they can help you get to 100% occupancy and sell the property so that you can re-invest in a better neighborhood and relatively newer property like 2020 or newer if is possible in that market, or just go to another market you understand better or have some kind of connection with.All the best and keep us posted on your progress.

Summary: I’m currently working on a project to analyze rental market trends and help real estate investors, landlords, and property managers identify high-performing areas.

I've done my projects solo so far and it has worked out for me, however, it is time consuming and not in the position to invest all into one deal.

Just keep in mind, the guru will not bail you out in a tough situation, unless there is significant profit in it for them.

Anyone here tried an SB 9 project yet?