in 3  one broke even and 2 or perking along as expected. 

At our firm (tax advisory) we are offering a service to help clients with this and we expect many tax/cpa/law firms will as well. 

--------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

In the long term  expect RE to appreciate at a rate equal or greater than CPI.  

When you go inside, you're verifying that the condition and estimated rehab costs match your expectations.

Another reason people are selling are guests and platforms (Airbnb) are becoming more demanding by expecting more from owners including refunds over the simplest things.

Managing expectations is key. 

Anything can happen, expect the unexpected3.

Hi everyone, I was curious what might be some of the biggest problems to you run into while managing your properties? (Tenants not paying on time, keeping track of payments ect..)

Are we expecting a recession?