I understand why this is the choice asset for many: they are inexpensive with no barrier & easily financed (easily attainable). 

We are experienced and have never involved anyone in our projects and have never used a loan outside of a conventional mortgage.

That way, you have clear evidence if there’s ever a dispute.The the PM open to you talking to the cleaners so you can understand the scope of the job?

I understand the cost concern.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.DM us if you’d like to discuss this logical approach in greater detail!

@Adam Newman yeah, not understanding your statements, "I have $50k plus about 7k in the bank" and "take out a loan and go in with 20% from the start?".

In areas such as NYC the market tends to be a little lower, from what I understand.

I totally understand that it depends but I think what I am looking for is a bit more input and guidance.

They had named him Rommel on purpose, as they were involved with prison gang life and some people.. well I guess they simply choose to not reform or adjust.

My best understanding from talking to reps is they have one local employee (in addition to vendors like cleaners, landscapers...) per 10 listings/properties.