.$2.8M asking price 25% down, 5% rate, 25 year amortization $12,276 per month debt service$147K per yearStated NOI is: $95KUsually stated NOI is overly generous (in my experience) but if it’s accurate you’ll lose $52K per year.Difference between gross operating income and Gross scheduled income is $12K.

I would suggest looking around and seeing what kind of companies operate in markets you may be considering.Try looking at:What to Ask When Working With a Turnkey ProviderandThe Best Types of Markets for Profitable Turnkey Properties

I see other posts that says similar things like mine & they have been posted for a good chunk of days. 

All too often I get the feeling that most here on Bigger Pockets operate under the terms "It's my way, or the highway".

Currently at this time this area is not desirable and this is only an opinion of mine, but if this plan picks up speed and the city of Milwaukee decides to revitalize it wouldn't it be something you wish you had invested in?

TOTAL MONTHLY EXPENSES:  $1,504 (monthly P&I, plus all the expenses outlined above)TOTAL MONTHLY CASH FLOW:  $396 ($1,900 rents - $1,504 expenses)Annual Cash Flow:  $4,751 ($396 x 12)COC RETURN:  9.1% ($4,751 annual cash flow / $52,475 total cash in)Net Operating Income:  $13,691 ($1,900 in rents / $759 in expenses other than principal & interest payments... x 12)CAP RATE:  7.6% ($13,691 NOI / $179,900 purchase price)So, you can see this isn't exactly a home-run deal as far as CoC return goes, but the cash flow is almost $200/unit, which isn't bad.

Should only need to put 25% down payment, so you can get away with $40K.Both these markets are similar to mine.

The physical operating costs of a brokerage are pretty minimal when measured against gross revenue.

Brother has real estate flip operations in Ohio.2.

I also learned from an investor friend of mine today that most cash deals accept hard money loans as a “cash deal” as well.