Their eyes glaze over when you just mention a Cap Rate. 

I would say I am stuck in the busy work and over-analyzation trap with the bandwidth to only take on so much in   a given niche that I should restrict my eyes and focus on finding and executing on those rather than scanning the entire market.

By the way, my students, typically in the medical or business world, really don't know the difference between a Deed of Trust and a Warranty Deed.

You could stipulate a required cleaning every 2 or 3 weeks "to maintain the standards of the property".It would both serve to keep things up and to get eyes on the property.

Multifamily is definitely doable remotely as long as you have eyes on the ground.If you’re open to it, I’m happy to share a few investor friendly PMs I’ve worked with in the Midwest and what’s worked well for others starting out.

I no longer invest directly in medical real estate, I invest in medical office REITs. 

Grand Rapids has solid fundamentals — job growth, schools, medical hubs — and the appreciation trend you mentioned isn’t hype.

It’s best to use someone who is repeatedly doing what you’re trying to doDon’t go to an eye doctor for hand surgery. although doctors are usually smart enough to tell you it’s not what they do. 

It’s a great way to get eyes on how your unit compares to others in the area, and they can often give you an informal rent estimate.It’s also worth calling a few property management companies nearby, most will gladly share their management and maintenance fee structures, or even list them on their websites.

If you look at the 10- and 5- year treasuries (that most lenders tie themselves to) it has just been a slow and steady decrease of the last year that I think we can continue to keep an eye on.However, there are so many factors that pay a role in that and a continual drop is not guaranteed.