I recently cashed out my 401k, which had 58K in it at the time of its withdrawal in 2016, now has a net worth of $4 million.

High vacancy, lots of uncollected rent, high evictions, and long turnover times (as a result of slow turnover process or poor marketing/placement to fill vacancies) are very common results you'd expect from a bad property manager/landlord, which will lead to this "no tenants" issue.

There is really no need to do that since it is a slow return investment anyhow.  

So as this market slows down oil and gas are starting the heat up.3.

They are already making below asking offers to listed properties especially in markets where things have dramatically slowed down since the interest rate increase.

NACA is VERY slow, they did 2x appraisal and 2x inspection, asked to upgrade a bunch of stuff like random hand rails on 2nd floor stairs etc - marketing helped with digital floorplans, 3d tour > only held 1 open house and didnt receive that many offers.. surprising.

It is a slow growth in AirBnb world for us poor folk! 

However, if you purchase with a cash flow cushion already in place, you can ride out any down turn or slow down in the market.

@Nathan Gesner I agree, because my rental is a business and I shouldn't waver away from the screening process even if its just a trusted contractor, but funding is what we need and I heard the SBA is a good source but is slow, thanks for responding.

If no trees and no slow drain issues, you're probably fine though.