Also, front porch floorboards are weathered, lifted, rotted and warped in most areas.

You can't control the weather or time the market precisely  (real estate or stock or any other).

Weather it be the standard 1%, 70% rules or something unique that you have come up with.

Obviously you would have to figure out weather or not the income to expense ratio is acceptable and makes realistic sense. 

Local weather allows for patio use about half of the year. 

I am curious to hear from those of you that were active in the commercial real estate during the last recession and how you weathered the shock and pushed through it.

Good afternoon,

I was going to put an offer in on a Bank owned home near my work. However, on Thursday a tornado went overhead (didn't touch down in town) and did severe damage to the property I wanted to put an off...

Commercial seems to be the path of least resistance.

I want to make you aware that when you decide to buy cheap properties in the worst parts of town, you are getting the worst of the worst of a struggling city.Before Marcus kills me, I also want to say this is a great place to live (if you can deal with the weather). 

I'm sure you can do something similar:LIVING IN THE TROPICS: When accepting this agreement, the tenants confirm that they understand that the home is in a tropical and hot weather location and that occasional wildlife and insects not ordinarily seen in other climates may be on property.