Cleveland has a low cost of living and wages are generally lower than other cities.

However, installation costs and procedures may vary, so it's worth getting quotes from both if you're not doing the work yourself.As a hard money lender specializing in fix and flip deals, I've seen successful investors use a mix of these sources to optimize their budgets while maintaining quality.

No management or vacancy expense? 

I would list every single item your counting as capex, their useful remaining life and their cost that day.

Take equity out of one property will cost me about 1K a month and with the mortgages on the new purchases, I will probably only cash flow 200-300 per home. 

I am looking for a property management company in the Fort Wayne IN area and came across Select Management Property Pros.

I've heard many horror stories from limited partners about the general manager they partnered with to do a deal and I noticed some commonalities in each story: - Not following through with business plans- Lack of communication - Lack of accountability I know LPs look for experience above all, but are there any other criteria that you look for in a GM that helps when getting into a syndication deal them? 

@Tim Callahan - I'd recommend hiring an experienced eviction attorney if you expect a fight and have them manage the process so no crucial steps are missed.

One recommendation is find a good property manager, he will be an important key player

Curious about the things i cant see on airDNA, and more about how any regulations and state/county specific costs have affected yall before i dive into a purchase there?!