Sometimes they find a renter that will sign a lease for a high amount only for the renter to default leaving the owner eating the vacancy. 

RE is a lot more active and involved, even if you hire a PM and a GC which BTW eats up your returns.

i would use steel wool in any holes then caulk over that so they will not want to eat that.

I know that style and tenants will eat that top, drawers, and doors for breakfast.

with that said, should you increase your down payment to mask flaws in an otherwise terrible deal - an alligator that will eat you alive with deferred maintenance that is in a worse neighborhood than you think, but an agent sold you on it because it has new countertops? 

There is a lot of misconceptions still, about what it is, how it is mined and how it could penetrate daily lives even more than the internet did and does. 100k is the low end...Mcafee ( the security software guy) is a coin miner and says that he bets bitcoin hits 1 million by 2020 or he will eat his own private parts.

Quote from @Daniel Araque: Thank you Georgy, that paints a much clearer picture for me.Essentially it behooves me to pay off my line of credit as fast as possible because the longer it takes, the more interest I'm paying which in turn eats up my total profit for that single investment.I did the math based off the following numbers. $10k line of credit at 8% , 10 year payback, $121/month payment. $1k personal cash flow after all bills/expenses paid.

I eat $1,000, or I have a vengeful tenant in Seattle.

The best advice on this topic, in my opinion, comes from 2 books:How to win friends and influence peopleNever eat aloneI am also looking for brokerages to work with or even experienced shadow / intern for to gain experience and additional knowledge.

Frequent turnovers can quickly eat into your profits.Instead, I’d recommend building up a solid reserve fund and addressing work orders promptly.