Make sure your area is not getting negative local or state laws to deal with.  

With assessments its cashflow negative. 

I have nothing negative to say about Elite. 

Do you have negative keywords?

Because something has been done before seemingly without negative repercussions does not mean (1) it is legal (2) it is ethical (3) there won't be negative reprecussions to you (4) that your mortgage broker knows, understands, or is being honest with you about (1), (2) or (3).

I don't have any statistics to back this up, so chalk this up as anecdotal evidence only. 

Im not going to go into negative SEO or how sole strategies are to tank any site above them. 

I went to the city council meeting and saw the presentation and overall feel this is going to be great for our city but was wondering if some more experienced investors have any thoughts on how this might positively or negatively effect the housing & rental markets in Ypsilanti.

The property is likely negative cash flow after accounting for opportunity value of equity.

We use Rent Manager for 240 units.The benefits are that it combines Accounting, Leasing, and Maintenance all into 1 piece of software for a relatively in expensive price.The negatives are that that the individual pieces of software are only ok.