I would not go through the cost and pain of extracting every dollar of equity. 

Box gutters can be a pain (and expensive) to repair or replace.I have mentioned this before: the newest property I have ever owned (flip, rental or personal residence) was built in 1960.  

They have grown tremendously in the 3+ years I've worked with them, and at times there have been growing pains, but the trend has always been towards improved service / better systems over time. 

The pains and the successes!

We definitely had some growing pains at first, but once we got decent tenants in place, we now have very few issues.

We did this for our out of country investors back in the day and as soon as word got out, they shut them all down due to the Patriot Act...Was a huge pain in the A$$.Doesn't the account holder have to show up in person otherwise they aren't eligible due to the Patroit Act?

If your low income tenants are a pain to manage, maybe trade into better neighborhoods or into commercial, outsource to a PM, so many options.

That is what insurance is for :)Insurance is a royal pain in the *** right now, but is still doable with the returns on the right property. 

What a pain in the ASHHH that was and the time we lost. 

Ahh yes the pain.