What are some "deal-breakers" for you when purchasing an MFR?

[Daigo Kurosaki]

Amateur investor here that will hopefully soon be buying my first MFR. I live in Los Angeles and have been quietly searching for the past month or two, and I think I'm starting to find a few that I like.

I wanted to ask though, to the more experienced MFR owners out there.... what are some absolute deal-breakers for you when purchasing an MFR?

Like for example... I can't purchase anything under Rent Control (not experienced enough or ready for potential headaches). 

What about you?

[Ryan Haase]

For me, it'll all about the rent it will command. Even if the numbers work out, I try to stay away from very low cost rentals ($450/month and below) because of the typical headaches the renters bring. I've had a few and it always seems like a renter in a $450/month rental wants the until to be brought up to the $700/month range yet still pay $450.