Good to know you are going into this with your eyes wide open as this has many red flags all over it. 

The month’s supply ranged from just 1.1 for mid-priced single-family homes, representing about one-third of sales, to 5.1 months in the much smaller higher-priced condo segment.You can find full data with the graphs at https://www.homedemandindex.co... 

Especially at the low end of income ranges where people need the most help. 

I wanted to find them a guide book on the basics of landlording, something in the 100 page range. 

I wanted to find them a guide book on the basics of landlording, something in the 100 page range.

Every week he has given us updates that collections have been in the low to mid 90% range, and have overall been pretty good. 

I have heard of Property Management fees, ranging from 6-8% in Podcasts. 

East side is mainly single family, but buying in will be more like 600k range now a days. 

It seems like it might be best to find that middle 'sweet spot' and go with the median level of finish then in your case (sounds like not wanting to invest a lot to update, and want to keep cash flow at max.)If I were to run comps and see on the high end of area rentals it meant all new countertops, appliances (high end), hard wood/laminate, kitchen cabinets etc and on the low end it meant more of an 'apartment level' finish - I personally would go for the middle road to this and maybe choose to refinish countertops, refinish kitchen cabinets and go strictly mid-range on appliances (I would pick up the extend warranties personally).In hitting the kitchen and baths, getting some fresh paint up and addressing flooring- I would know the heavy 'where the eyes are drawn to' items were checked off my list, take it all for expenses come tax time and be pretty happy to know I was right in the middle zone for the area- I wouldn't have the lowest quality of renter pool in the area, or be worried about overpricing myself out of the competition on the high end in my mind. 

Very satisfied with the work.They were the least expensive quote at 12k, I received 6 quotes total. 2 said they outright didn't want the job and the additional quotes ranged form 18k to 25k.- All in price was 14k.