I'm a carpenter by trade now, but mainly commercial.

I've tried searching for this information on the Internet, but haven't had much luck since the search results aren't very specific, mainly stating that the definition of a "good" cap rate varies by location.Does anybody know what a "good" cap rate would be for single-family homes in the Pensacola area?

And I have most of the texts to back all of this up as that was our main method of communication besides phone.Aside from all the unprofessionalism, bad business practices, verbal abuse, and wanting half the profits for 100% of my work and efforts(!?!?)

The self sufficiency rules are one of the main reasons I have steered some tenants towards the 5% down conventional loan. 

In that case, finding someone in Illinois would just be a bonus, not the main attraction.

@Bernie Neyer from my research, it appears most of the property management companies are local investors whos main focus is on their investment and do some property management on the side.

My husband and I have had our main home for 11 years.

Purchase price: $55,000 Cash invested: $55,000 Sale price: $174,900 EMERSON HEIGHTS FLIP -- Indianapolis, IN- Two month project- Complete renovation of whole house >New Kitchen >New bathroom (second full bathroom added on second floor) >Refinished hardwood floors throughout main floor >New carpet upstairs >Modern paint inside and outFinal picture is the newly added bathroom on the upstairs master.

Mainly in NC and PA and some other markets.

It is very active and you should receive lots of responses.Now, the element I would highly recommend is determining your EXIT STRATEGY.