Unfortunately, it is NOT an easy task to undertake when collecting past due amounts owed.It is especially tough when you are an Out-of-State Owner and your tenant defaults.Hiring a Professional Property Manager is ALWAYS an ideal solution so that you know that your property is managed by a professional real estate agent and that they are LOCAL.Our company for example is able to provide all services from leasing up, to property management; we are able to collect rents and if not, we send the required legal notices and ultimately file an eviction through our attorney with typically minimal cost to the owner.If anyone is interested in our services, please visit us at http://www.axiomresidential.com

It's no easy task to pull data from 50 different states that each have their own laws and due process.

In the Midwest you want to look for a place that is relation to growth is flatlines, meaning not growing or receding.

The obvious choice is the Chinese currency for just the growth and strength.

You could be an agent and sell it to an owner occupant, but that's a whole different task

Mail, or any other system that accomplishes the task required.     

if so, I would vote for Raleigh just because of the projected population growth and it's consistent rankings on the top 10 places lists.

At some point, people will start asking to get into your deals, and then your growth will really occur.  

You have 39% as all in annual expenses.Will be more like 50 to 60% based on age of the building and any landlord paid utilities.Even at 114,480 number it makes no sense.Annual rent growth average for multifamily is about 3% which keeps pace about even with inflation.

Just know that success doesn't happen overnight and that it is important to maintain a "growth-oriented mindset" along the way.