As our team has grown, it's become easier to cover responsibilities if someone quits, goes on vacation, or if we terminate employment, compared to when we had one or two homes. 

It amazes me the nice cars, clothes, and general stuff that my renters have compared to what I own. 

Use AirDNA to get a better feel for what may be projected and then dive into Airbnb and compare to your competitors. 

And a condo can take longer to sell when you exit compared to a detached home.

Compare other rentals with a similar size, location and bedroom count to get an estimate of what the rent would be while you're living there.

**Maintenance**: Be prepared for a bit more wear and tear compared to market-rate rentals.

We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

Compare my bottom line to those who claim it's fine to invest where you get a $100 a month cash flow and sometimes actually even get rent. ;-) IMHO Thank you so much for your insight.

You want to focus on areas where you have a competitive advantage (you have lived there or you have family and friends there) and then compare those areas against widespread list of great areas to invest.Good luck!

Very common to have structural issues caused by soil movement.