am i alone in doing well with low end property???

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every time I get on this website, I see a consistency to people proclaiming "low-end" property to be not worth the headache. Am I the only one that disagrees? I consistently make very strong money with such property. Given, one must be able to handle the problems such tenants/properties present....but once those are mitigated (and they can be), many tough lessons later,....im smooth sailing. To put the situation frankly, every property I buy, (and i continue to) I can entirely expect to get 100 or 2 positive....but wait for it, ON A 4 YEAR FULLY AMORTIZED NOTE. meaning that 4 years from now that 100 to 200 jumps to 6-750....and the house is owned outright. anyone with similar experiences or is it really all bad for everyone but me????

[Leslie A.]

Hey Seth,

I have probably the lowest end rentals there are - travel trailers.  I have only been at this for 4 months, but they have been awesome.   Gross cash flow before repairs and vacancy is 400-500 a month per trailer.  Not bad for a few thousand investment.

I charge by the week and all my renters pay on time.   All my current ones are easy to work with and I love them. 

I am very strict, though, and I think that's why it's been going well.  Also, with it being weekly, the rent due date falls on their paydays, so I get my money first.