I also recommend checking out the Hollister market.

Make sure you check out the official website: https://miami.mercedesbenzplaces.com/ - the website you posted is by a broker who wants to represent you.

At the time of lease signing they would give a check (usually like a cashier's check) for 1 full month's rent ($1000 in your example) and then the pro-rated amount would be due on the first of the month with every succeeding month being the full rent.For my own investing I usually look at it on a case-by-case basis.

Biggest take away is finding a location or a property that you can run the numbers on any renovation or market to check future ARV/equity.You want to have equity built up in the shortest amount of time to try and refinance to take cash out or take out a Heloc. 

Hey Victor, I would check out the Columbus market.

Old apartments (maybe 1920s), some new infill, certain areas had major drug problems (check with Stockton Police on this, I just avoid area; I looked at apartments there but found that few had any parking for residents) Now there are new developments south of downtown near the airport (Hwy 99 side; east) and on I-5 side (west).

You can double check the cleaners, do walk throughs on off days to check for things they miss, manage the maintenance and see how they do, the positives are endless I think.I have full faith that you can do it yourself and kick a ton of a$$!

I should have double checked before posting.

Thank you Gents, I really appreciate the sanity check. 

And if you're operating a property management company you should at least check the address and see if it fits in your model.