Hey Laura, It really depends here I would say that LLC that holds your property paying for moving expenses for you feels a tad aggressive.

Both are making money and have reasonable cap rates, a bit lower than I would like, however, not horrible Imo. 

The 50% rule states that approximately 50% of EGI will typically be consumed by operating expenses.While the 50% rule provides a quick estimate, actual expenses can vary widely depending on the property type, location, age, condition, tenant mix, and market conditions.Here's an example: if a property generates $200,000 in EGI per year, the 50% rule suggests $100,000 would go towards operating expenses like taxes, insurance, utilities, and property management.

Many Multi-Family properties acquired in 20/21, are down 25-35% due to rise in interest rates in 22-23, often wiping out much of the equity, so property unlikely to be sold in next few years, may be hard to find a buyer just now for units, but good luck.

@Austin Nicol a good analysis by @Ty Coutts, but he left out info about Property Classes.Rising real estate prices and mortgage rates have made it all but impossible to cashflow on Class A properties, and challenging on Class B.

The current loan balance is $235k with a 5.12% interest rate.

Depends on where you invest in the City of Detroit.Zip codes are hard to use to identify where to invest.Block-by-block is the best way, but almost impossible for OOS investors.That's why we use city Neighborhoods!

I personally enjoy a misting fan on my patio.Here are some data points below: prices are steady and rates as well; not too much change in the market this far.

Please note that I am not discussing the business idea or the rate of return because I am fine with both and don't want that to be part of the discussion.

Not familiar with the area and rentometer has no data i can find on rent rates.