Other pockets  just south you want to avoid as well.  40 miles west, whoever you are speaking with simply has no idea what they are talking about unless they want 6- 8% net caps,but why bother with that Good Luck  

Simply go to my profile by clicking on my name in this post and send a request to connect, or do so direct from this thread post. 

Compared to our other portfolios I prefer Cleveland based on the yield, ability to operate, great selection across classes (A-F), changing national reputation, price points, and the fact that I simply like going there (I live in Boston). 

The first house will be rent ready, just without a tenant in it and I'm afraid that if I buy another house I will get turned down simply because of the debt to income.

In that case, you can simply have the account at a bank or brokerage where you will have direct checkbook control.3.

They simply assign the value.

Most people simply couldn’t get passed the no smoking and no pets.

I live in the Bay Area and aside from my home, I simply can't afford to invest in this area, cashflowing or not. 

.*  I am not an attorney and I am not YOUR attorney - I just simply happen to know the best ones. :)  *  

Yes you simply need to calculate or estimate as accurately as possible what the NOI will be and divide that by the market cap rate.