I was speaking at a conference a couple of years ago and one of the other speakers, an executive with an appraisal management company, pointed out that the average age of an appraiser in the US at that time was 58 years old.

I personally don't like this transaction, but everyone has a different risk tolerance. if you can aggressively raise rents and the market appreciates you are fine.For your assumptions the red flags that I'm seeing:0% vacancy should be higher unless your a PM and are experienced, even still.0% for management fees, are you a property manager?

The property is 45 minutes from where I live in a town that is growing and am very familiar with so I plan on doing most of the management work. 

Hey folks,Question for the medium term rental crew: how much time/effort does it take to self-manage a typical 1bd/1ba furnished MTR?

Things like valet trash, cable contract reimbursements, RUBs, common area expense budgeting, proper staffing levels, AI revenue management, PPMs, subscription agreements, blue sky filings, commercial lending standards, commercial building codes and permitting, ADA compliance, etc.  

If I pulled to put on a rental property for around 200k then after property tax, property management, mortgage, insurance I’d probably be cash flowing much less than my 5.5% at the moment. 

I've been working as a marketer/ social media manager for four years.I'm new to real estate investment but have been educating myself with Bigger Pockets and books.

How you manage your properties in Indy?

This means any actions will have to flow through the GC and if the GC is not handling their contract management well (executing sub contracts, collecting their insurance certificates and paying the sub contractors timely),  you are going to eperience even less cooperation. 

I plan on using Stessa to manage my 1st property, I know most of you said it's not needed, but it's free and keeps everything simple for me.