I'd also recommend dumping the garages there's almost a total loss on that unless you are putting units above them on a dense infill lot for additional units it's not worth the cost of construction. build cost is pretty high for your market for three story suburban walk ups. we could never build at that price and make any money. suburban sells for 160k a door in our market with land. get on yardi make sure you Arne't going to lose money on it.

Looking ahead to my next project, do you have any advice or resources for finding off market deals? 

If you had a bit more capital, say $80,000 - $100,000, you could start doing BRRRR's in markets like Detroit (this is what I do).

Yet, as I closely monitor the current housing market, I realize that stability and thorough due diligence are paramount before taking ownership.

It’s highly passive and there not much to do other than network and marketing.

This just might be my opinion but at this point even if you're out one months rent which definitely sucks it may just be easier to start showings.I don't know what the L/T laws are in your county/state but perhaps send a notice to the emergency contact with something to the effect of pay or quit with an option for a release out of the lease and be done with it. turn over this unit and get it out on the market again.

As a long-time high-level Rentlinx.com user, the journey since Rentlinx.com removed its marketing offering roll it into AppFolio has been an absolute nightmare!

I'm eager to learn from your experiences—what strategies or processes do you use to determine expense figures in your market?

Make sure that the market there makes sense for your goals to invest.

In this part of the market cycle, newer vintage assets, median incomes of at least 50k, washer dryer hook ups, more two beds than ones, townhome style assets.When the broker showed us the deal we didn't have to waste time analyzing it.