All other costs are likely incremental, but the increment sizes will vary, such as with a new teacher contract.

I currently have one property out of state in a cheaper area but I definitely would like to own a property in Essex or union county as this is now a prime location that is currently rapidly growing.

Property values have been appreciating rapidly in recent years, and the city’s population has started growing again—a trend we haven’t seen in decades.I’m also based in California and have been investing in Detroit for several years, so I understand the concerns of out-of-state investing.

Also, if you havent already talked with a lender about this, I recommend you do so. 90% LTV is rapidly turning into a unicorn. 

And as move from that center, knowledge insight drops rapidly.

Since you’re already looking at Michigan and Ohio, you’re off to a strong start.Where to Focus in MI & OH:Here are some cash flow–friendly markets that still align with your criteria:Michigan:Grand Rapids – competitive but strong tenant base and decent appreciationKalamazoo – overlooked, stable rental demand, decent inventoryLansing – government/college town, strong PM optionsBattle Creek – good price-to-rent ratio, light rehabs commonOhio:Columbus – solid Class B areas with strong rental demand (Hilliard, Grove City)Dayton – better cash flow, lots of light rehab/turnkey opportunitiesCleveland – great for cash flow, but pick zip codes carefully (stick with west side or near hospitals/universities)Cincinnati – blend of appreciation and cash flow, but need local insightTips for a “Cash Buyer + Out-of-State + Turnkey-ish” Strategy:Leverage Turnkey ProvidersUse carefully vetted turnkey operators - many offer:Properties in Class B– neighborhoodsLight rehabs completedVetted property management in placeVet the Property Manager HARDEspecially if you're investing from Seattle and can’t swing by easily, your PM will make or break your investment.Cash = Speed + LeverageUse your ability to close fastPrioritize School Districts & Low CrimeEspecially in the Midwest where street-by-street comps matter.

And you can also buy them when they're beaten down and underpriced due to market overreactions like currently, due to rapid rise in US 10yr rate.I've read and watched multiple Good Egg offerings and they are typical of many feeder funds and to be fair like many primary GP/syndicators as well for both taking on unnecessary risks and also charging confiscatory fees, as #1 they have no skin in the game and #2 they get a big cut up front whether project fails or not, find GPs that are investing >10-15% of their own cash into every deal.good luck and sorry this happenedlooks like they are a fund of funds setting up crowdfunding to invest in other offerings.

Incrementally, this isn’t much of a deal at all.

The demand is projected to double by 2031.The country is facing a rapid surge in the need for assisted living, which is not surprising and is very exciting!

Quote from @Lee Ripma: @Sean Pedeflous - I have not personally used this company but they have an algorithm based rapid cost seg which is similar to the two others I have used, KBKG and DIYcostseg.com.