The problem is that it is quite difficult to ensure that something retains its separate character when you are married. 

I go back to the late 90s and think about the “cast of characters” ie companies that dominated the valley then, all or most have vanished but the valley has grown 10x more relevant and powerful as newer and more innovative companies have come in.

For that price, they could build 4-8 units outside of city limits.The main character of the story, Sok, came here as a refugee and has lived in the same apartment for 30 years with rents well below market.

@Lauren Bishop - I’m using tile and hardwood exclusively now with professional installation because the flooring looks decent / has character through normal wear and you can refinish it several times (maybe once every 10-15 years).

Ive never done blown in on exterior walls (though I do have one home from ~’46 that definitely has it) just because it settles and in the cold here it sucks, you get a ~20*C spread from top to bottom on a 9’ wall.I mentioned using it as a feature mainly because if you’re trying to maintain some of the character of the time period you may be able to make it work but if for example you’re turning this into a modern designed / staged home exposed planks may not really fit in.

In Oregon for instance one city ban's nightly rentals  No Air BnB  you must have a permit to do this and they only give out a small hand full.This also illustrates clearly that when you buy rentals that are going to be section 8 your property is what it is and will never really go anywhere as for good bad or indifferent you are on the face lower the perception and reality of the area... so when you look at what's happened in the last 20 years were rental business has exploded into mom and pops you have whole sections of towns and cities that will go through and have gone through exactly what this article describes.The only time this reverses is if like this property its a big complex and the owners have the right to do this... or if its SFR in an area of a city that is regentrifing @Ben Leybovich  watching the move Thomas Crown Affair when I was on the stair master and the lead female ( Rene Russo) character was born and raised in Lima Ohio... how random is that.

Look online for clothing, women's clothing, shoes, men's clothing exporters and the cast of characters will begin to appear. 

Or buy something remodeled and updated and you won't have to worry about it for years.Do a credit check and ask for landlord references to make sure your tenant pays their billsAsk for income verification and time on the job to make sure their ability to pay seems steadyDo a background check and avoid shady characters with a bad historyStart with month-to-month leases so you can get rid of problem tenants quickly and easilyKnow your state's landlord laws so you don't do anything illegal or stupidSearch "Arizona Landlord's Deskbook" to learn them - Luckily it's more investor friendly in PhoenixHave a personal interview with the tenant and go with your gutAnd finally, go in with an understanding that all investments come with risk.

Because Lonnie actually had a brain and probably knew better than to give out his personal information to some random park owner, many of whom are shady characters, at best.

The original rehabber borrower can also decide to move into the property thereby changing the character of the loan, it is a risk.