If you put more down, you'll see your Cash on Cash ROI improve and your Total Return compress.In terms of your variable operating expenses, I use the following:Vacancy:  8%Property Management:  8%Repairs:  $50 per unit, per monthCapEx:  $150 per roof, per monthI think it makes more sense to use a flat amount per unit for repairs since repair costs aren't necessarily correlated with rent collected.I use similar thinking for CapEx, except it's a flat amount per roof rather than per unit.Are you planning to self manage to some degree?

Andrews is the reason for pitch counts in little league up to MLB & is the team doctor for countless professional and college teams.Before you make up your mind about Birmingham take a look at the ingredients that make up the city.

Windsor is in the midst of not one, but two, multi-billion dollar bridge construction projects that will add thousands of direct jobs, and thousands more spinoff jobs, to the economy for up to the next 7-10 years.When you factor a major project like this into a situation where there is already a severe supply/demand imbalance and a lack of rental properties, you have a perfect recipe for increasing housing prices and increasing rents.Now we have a perfect storm in Windsor for investors to take advantage of with 2 major bridge projects, growing University and College populations, immigration from countries around the world, migration from residents of other provinces looking to downsize and move to a cheaper city with better weather, and a booming Detroit.  

Having sufficient death benefit that pays out no matter when you die ensures your obligations *as well as* your various savings accounts (retirement, college savings, etc) "self-complete." 

Especially in areas with college students!

So for instance the southeast has Charlotte, Atlanta, Charleston, Greenville, Jacksonville, Orlando, Knoxville, Nashville, Little Rock, Birmingham, etc.Another way to get market leads is to type top 10 retirement city's or top ten city's for population growth, or job growth, top 10 best place to live, work, vacation, go to college, etc. let your mind run wild.3.

If so, to what degree?

It mitigates risk to a degree and, quite honestly, I think you’ll get better treatment from a PM with multiple properties.

Just a couple blocks north of Rhodes College, in the Vollantine district but the southern side of Vollantine itself!

The Lehigh Valley has plenty of economic growth going on - Fedex and Amazon are both expanding their footprints around the airport, Air Products built a new 5,000 job headquarters, and the college communities (especially Lehigh university) are strong as ever.