However, proper budgeting and cash flow management will allow you to arrange the repairs yourself, and save you the cost of administration and profit for the company providing you the warranty.Insurance should really only be used to reduce risks that are unpredictable and financially crippling.

Are taxes are a nightmare and just pretty unpredictable. 

It's unpredictable in my opinion.

The outcome of these efforts is unpredictable at this time but yes, there is a distinct possibility that 1031 exchanges may be on their way out.

Of all the people involved in a transaction they are the most unpredictable. 

Enzennio, If you do some reading, you'll see Mike owns quite a number of rental properties.Any number you put in a spreadsheet for appreciation is nothing but a guess.Pretty hard to predict operating costs when a lot of the biggies are very unpredictable.

The HOA fees really can eat into your profit and be unpredictable in the long run.I would consider a duplex.Talk to a realtor and see what's out there.  

it seems like this market might be a little unpredictable where the prices are this low.

I have a hard time believing that this will become widely the case for long term rentals, especially for people with families, because it seems a little too unpredictable and open-ended, but I'm curious to see where this goes. 

My problem is there really isn’t anywhere else I can make 6 figures out of school and hyper save for real estate, the major downside is extremely long work weeks, unpredictable moves to new locations.