I tried bender rentals and property management I’ve been with them for 5 years , no problems and I’ve been getting my check every month, I tried almost all of those property management in Milwaukee they all crooks

Thanks I would look to AirDNA for this - they have long had pretty good (guidance, not perfect) rentalizer solutions for projecting revenue, but have recently added good info on expected expenses and the property managers in the area (for at the very least coming up with expected operating / management costs) etc

I agree and in regards to the perfect fund as someone who manages a debt fund:- Double digit simple interest yield. - This can be had, but understand that increased returns mean greater risk.

Partner 2: equity, cash flow, does all the property management responsibilities and operations. 

I will be using a property management company also so recommendations would be great!

There have been several high-cost damage issues and one where they are at fault and confessed to, resulting in thousands of dollars, that have put me in the hole to the point I won't make anything off of this year's lease.We live in Colorado and it's made it difficult to manage, even with paid professional services, so we are selling as soon as they can vacate.

I have short term (12-24 month), 5 year, 10 year, and 15 year projection models...sometimes I'll mess around with longer term (20+ years) projection models, but it's pretty difficult to project that far into the future, because there are so many unknown factors--so, the longer the projection model is, the less I tend to believe in its feasibility...My projection models allow me to make more informed decisions about things like: whether to buy or sell a particular property, whether to refi a property, whether to rehab a property, whether to pursue or abandon a particular revenue stream, how to approach rent increases, how to manage risks, what debt to pay down first, whether a particular goal is worth the amount of hours I'll need to work to achieve the goal, what my goals should be, how to achieve various goals as efficiently as possible, etc., etc.A good projection model will show you not only how to reach various goals, but it can show you all sorts of potential roadblocks that could prevent you from reaching goals (as well as potential solutions to those problems).

20% Factoring in property management we see breakeven at about 25-30% down depending on the deal.Appreciation has been 4-10% annually with variations of course.  

We self manage all of our own units and it's worked out well for us.

Hi @Francesca Zanzucchi, we use Buildium in our property management company but they do have a minimum monthly fee so depending on the number of properties, it may or may not make sense.