@Jay HinrichsReminds me of the cereal companies creating the nutrition / food pyramid.Of course they are gonna have an opinionated pieceI agree in vacation / beach areas they are great but once you start getting into true residential neighborhoods I can see them being very problematic

- Are the markets likely to experience the most rent and price growth going forward likely to be:     - Markets with the lowest supply coming online    - Markets with the best schools    - Markets with the lowest crimeAnyways - food for thought!

Long term rental comps on average, when you pencil it out, will be at a loss in the $100-500 range in my experience.

Sellers who purchased homes during the market peak may find themselves in difficult positions, as they could potentially have to sell at a loss or contribute additional funds to close a deal.4.

We had a tenant who decided unilaterally to move out two weeks later than the contractual end date. Consequently, the house could not be made ready for the new tenants and after a big scramble, we managed to save the ...

from my perspective C can be 50 50 for out of stand landlord   as in 50% chance of a decent outcome over timeD class for out of state I think is 80 to 90% of folks that try this will lose money and end up exiting as a loss sometimes a huge loss

As far taking a $1K loss a month, maybe talk to different prop mgmt companies to see if you can get a better deal or if your property needs any upgrades that you can perform in order to ask for a better or higher rent, something to consider.

This was a great answer by @Lateefah MathewsIf your seller has a Profit&Loss from the prior year, that may be helpful but not necessary.Welcome to the forums @Shell Peterson !

My gross rental income looks pretty impressive and here I am working my W2 job, to say nothing of the losses incurred each month on my Class C Indy house. 

I typically find a new tenant before they leave, or shortly after their leave, which prevents me from any losses and puts more money in my pocket.