Ask the tenants to confirm the reported rents on the rent roll (i.e. get estoppels).Verify the rents aren't more than 5% above market rent for comparable units to ensure that as units turnover, you can re-tenant and maintain your cash flow. 

I think you're confusing market cap rates, with a static purchase priced compared to growing NOI.

I never made a solid return there compared to the other properties in Toronto, NYC, Minneapolis, Atlanta and New Orleans ... nor has it been conducive on any level to accomplish projects or business initiatives there.

I am wondering, if anyone has any perspective on how expensive financing compares across options - financed via an opportunity fund investment, versus financing relative to bank financing.

I am wondering, if anyone has any perspective on how expensive financing compares across options - financed via an opportunity fund investment, versus financing relative to bank financing.

You have a huge savings and rental income from a single rental.What would the interest rate be on your HELOC compared to the mortgage? 

If it’s a few spots here and there but the rest looks good it’s not that hard to replace s few planks if you do it the right way.Some brands, especially budget brands, of vinyl plank are definitely not up to par compared to Allure and Pergo.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

My IT background "scam" alarm is too high to do so myself, but their solicitation is usually an attractive rate compared with my usual rates so thought I would see what folks here thought. 

The house would have to appreciate 2% per year in order to zero out the 24k annual loss. 2% appreciation is rather low, compared to what we have seen in the last years.