This city is constantly changing.

You will constantly need to manage them.

60k annual (5k/mo) means you'll need 600k of equity earning 10% or 860k equity earning 7% if you plan to keep the primary income stream.

Here you look at the return on a stream of forward looking cash flows, starting with your DOWN, then each period looking at your CFBT and finally when you sell your net proceeds. 

A Fund Manager usually has lots of cash to be deployed constantly in various properties.

I hear people all the time telling me man I wish I could move to TN.Chattanooga where I live currently (by choice) has a constant influx of out-of-state people.

We're constantly looking for additional streams of revenue that compliment each other within our real estate goals so maybe the snow plow could be one for you!

I feel there is a constant ebb and flow that a lot of newer investors don't understand until they have leased through multiple cycles. 

Don't you want a property where the CapRate at least is predicted to stay constant? 

What I have found is if you are buying a cash flowing deal and you get them stabilized on leases, then your DTI is relatively constant, as you're adding to your debt and income both as you grow.