Majority of the renters on there are travel nurses which helps with the tenant quality (in my opinion). 

Looking back 10 years this complex had dues increase for most years at around 3% but for 2023 it was 18% and 2024 19%. 30+ year old complexes really start wearing down and many times were not the highest quality construction.

@Alaas Amour check with city building/rental dept to see if any outstanding permits.

I claimed for years 1) initial cash flow and cash flow over a long hold have a poor coupling 2) that I would purchase a property with negative initial cash flow.  3) I cared about total return and did not give a $hit about cash flow if the other returns produce an outstanding return 4) that cash flow is my least favorite return because it gets taxed annually. 

If you have enough unit it will make sense to have cleaner on your payroll but to starting off, most common sense is to find a very high quality, reliable cleaner that works with your budget.

The quality of work on prefab is not great, but easily sufficient for rentals.  

They will be able to give you price point, occupancy potential and overall quality of the locations and what its drive is.  

There's plenty of quality inventory under 400k in that market. 

Winning with cash really depends on the quality of the property and the timeline of the seller.

I am not sure about what you are reflecting in the cleaning number but for me 1) it is shocking what cleaners charge but it is not where you want to try to save money for quality 2) it is a pass through, the guest pays it. $250 per turn would be for larger unit and very good job.