Gated community, two pools, clubhouse, fitness center, etc.  

@Tak Ogihara you are paying utilities that are normally paid by tenants if it a single family house.

Tak,I am not an expert on Millville, but an ARV of $230k seems very high based on comps in the area.

When you get your degree in electrical engineering you'll likely move and get paid excellently right out the gate.

Great neighborhood, future land value, and cash flowed out of the gates How did you find this deal and how did you negotiate it?

People try to do that at apartment complex gates sometimes and get their paint scraped by the heavy gate as it bumps into them.

We have talked about a fence with locked gates, locking the dumpster and giving tenants keys etc. but all will likely come with their own problems.  

If not, perhaps hiring the PM right out of the gate might be the way to go.

Putting together your “Core Four” team members (realtor, property manager, lender, and contractor) is important, since you can’t possibly be good at all of those specialties right out of the gate.

I just like the thought of creating some equity myself right out of the gate by buying a fixer upper or foreclosure