We are fair housing compliant regarding animals.Our tenants’ safety and the peaceful enjoyment of their home is important to us, so we do a credit/criminal background check on all applicants aged 18+, as well as employment and prior landlord verifications.

Even if I use an attorney, I should still be armed with as much knowledge as possible.

If you want safety, pay off the property.

It makes us concerned about the safety of our funds.I can PM you the names and if its a legit response - I can update my view on the forum.

I'd say everything else is the consequence of the 2 points above - the weather and the state of economic affairs influences everything else, including safety, infrastructure, the condition of housing stock, etc.

A project with a 75% cost to ARV will still turn a profit.This thing goes wrong when the GC arm of the process fails, neglects, steals, becomes unresponsive, misappropriate funds, does a poor job. 

My only concern with renting it out room by room in Philadelphia is my safety as my roommates could be psychopaths.

And it ain't those in the rural areas carjacking, drivebuys, rapping and doing armed robbery.  

Actually, an ever growing number of Americans are investing in Europe and they're welcomed with open arms.

Just go into it armed with solutions, being up front with people and setting yourself up for success.