I believe it tends to give me a slightly lower return, because the sponsor is going to be more careful, and if there is a severe downturn will prevent me from taking catastrophic losses.

However, maintenance needs tend to come in waves so i was really noticing it when i had a bunch of maintenance issues, whereas the past couple months have been slower on that side (knock on wood).They handle 10 units for me 

After listing my properties, I tend not to negotiate on rent or deposit figures; typically, I require a deposit equivalent to one month's rent.

As a Banker with 18+ year’s experience I tend to offer the best of the news to inspire and work out the details during the interview.

Definitely true, although I guess I could note there is one other good thing about blue cities and that is that they make it very difficult to build and thereby prices for existing buildings tend to rise as do rents (which ironically makes them less affordable and want to pass more arduous anti-landlord laws).  

Capital expenditures tend to be EXPENSIVE!

Although the city sewer itself is pretty hassle free, it comes with being in a city and cities tend to be difficult to work with if you are running a mobile home or tiny home park.  

Additionally, townhomes appreciate much slower than detached single family homes tend to.My personal advice would be to sell this property and then 1031 either into a better property near you that is low maintenance, or (probably better for you) invest the capital into a syndication or partnering with an active investor where you should get returns better than the stock market. 

I believe it tends to give me a slightly lower return, because the sponsor is going to be more careful, and if there is a severe downturn will prevent me from taking catastrophic losses.

Hi Robin,I do a fair bit of business as a lender in South Carolina; a lot of short-term rental investors tend to focus on the Charleston & Myrtle Beach areas, but if you are looking for properties that are still reasonably priced and don't mind some renovations, Columbia can be a great choice