An article by Realty Trac last week  http://www.realtytrac.com/news/real-estate-investi... gives some good insight (and neat 'heat maps' to show gross rental yield by county). 

But when it is time to wonder about the LLC, check out this article and the comments, lots of info-https://www.biggerpockets.com/renewsblog/2013/08/1...2.

HI Everyone,I just wanted to introduce myself because like many others I was reading articles on Bigger Pockets months ago and finally took the 2 minutes to create an account...

Hopefully they provide a lot of services for that amount, including physical repairs of common areas.It does not appear that Reserve Planning is among those services, since an 8% Reserve seems pretty low.Is the Declarant still in control?  

In this case, during the move-out day, a rep from our company physically occupied the residence and once tenant was out, made sure that locks were rekeyed and tenant was not abale to even step foot in the unit.  

I've been lurking here on Bigger Pockets for a while now reading articles and listening to the Podcasts.  

@ jay hinrichs - you don't know that the collapse in Vegas and Phx was caused solely because construction worker leaving... that is simply not true...Having a tons of OOS investors was another contributors.... there are many many studies/articles supporting that...When resession hits next, those OOS that can't find a tenant will bail... that was what caused the collapse of Phex and Vegas, at least partially....

Here goes:My business partner and I have been using a PO Box for several years, but now have an opportunity to have a physical address (I guess we always did, as does anyone with mf properties).The idea started at our latest project, a six unit, three story building with huge basement divided into rooms.  

I'd look at the ratio of land to the total value on the assessors website and using that ratio against what you physically paid.

Anyone aware of any recent publicity or news articles discussing significant positive redevelopment in the Napier/Hermitage area?