Unfortunately, the majority of investors that experience terrible service from turnkey companies, figure out that it's not worth spending tens of thousands of dollars suing their turnkey provider and just move on - which allows the turnkey provider to not change their ways and stay in business:(You might want to follow the "Deep Dive" series we're doing on our BiggerPockets blog about Metro Detroit cities, City of Detroit Neighborhoods and comparing Metro Detroit to other hotspots investors usually consider:https://www.biggerpockets.com/...

So should the rent be higher than comparable but older homes? 

Whatever you want to do post your number, first, lets have a look and don't forget that a huge chunk of your mortgage payment is applied to the principal and this makes a huge difference when crunching your numbers.But...I still try to stay away from single-family homes when the home will not appreciate in value, substantially, but as a previous BP member posted, you still may be better off buying than renting if that is your only choice and cannot buy an investment property that generates a profit almost exponentially compared to a single family home for your personal residence.

At this stage of the market I'm putting a lot more emphasis on debt service coverage ratio (a measure of risk) than cap rate or cash on cash return, at least in my own analyses.Also, since this question frequently comes up with owner-occupied properties, even though you're going to live there I'd analyze all the units as if you're not going to live there so that you can look at it on an investment basis compared to other properties, rather than mixing in your own personal tax/financial situation into the property analysis.

Look at current market rents per ft compared to those tenants individual box unit space size.

Compare that to no capital gain taxes.2. 

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

STR can work out in eastern CT, but they have to be near the casino and priced competitively when compared to the hotels in the area.

It's hard to find comparable properties as quads are somewhat rare and my rental units are efficiencies of various sizes. 

Multi family attracts me because of the potential it offers to increase one's cashflow and net-worth tremendously in a relatively short amount of time compared to traditional means - at least this is impression I'm getting from numerous media/social media sources.