In total over  100+ hotels were managed with millions in revenues, a large corporate structure and a large staff.

The battery and molestation charges are, of course, the biggest concern to me.

The biggest issue is the house is worth what comps say it is.

Calgary HAD the biggest appreciation. 

There is no way that resident can afford a 500 jump, and I ended up losing thousands of dollars.Real estate is a business, collecting a future stream of revenue, and you need to be in control of the revenue and expensesGino

Likely, a slightly larger buyer pool.Cons:Less revenue each month.  

One theory is that the investors see population increasing in these areas and are willing to deal with the ridiculous local laws This actually isn’t even necessary true, the placest with the biggest per capita housing production or “investment” is in the sunbelt, the expensive cities produce a shockingly low amount of housing, obviously zoning laws play a huge role in that as well, but even when you looking up institutional investment in existing properties it’s mostly in the sunbelt, most people who own big buildings in hcol areas just bought them decades ago when they were much cheaper, even D.C. has has like a 4-5 fold increase in value in some areas in the last 15 or so years.

I'm trying to plan this out as well as possible to avoid any issues down the road.I've seen the stories where people run into issues meeting this requirement and get scrutiny from the IRS, to me it seems the two biggest red flags might be when they hire a property manager and also when they rarely go out to the property to work on it themselves, always relying on contractors.

For those who've made the leap, what has been your biggest hurdle?

@Suhaib - For me, the biggest driver is the ability to increase rents for a particular building/property and then investigating what it would take to get the rents to that level.