Karma got her the day the Sheriff was coming to remove as she ended up serving 8 years in prison for stabbing two women.

You have an HOA that help enforces rulesTypically low price entry vs SFH or multisLow Insurance vs SFHLow maintenance vs a SFHNegativeHOA dues they will go up and you have no controlWhen there are issues HOA are notoriously difficult to deal withBuilding Finances are out of your control.

When a tenant goes to prison, and no one comes to claim their possessions... what do you do with their stuff?

Background check reveals he's a registered sex offender or that he was just released from prison for felony distribution.It's also common for a decent tenant to want to add a roommate later on.

If you were planning on taking a mortgage out to buy the house, doing subject to with a property, and then pocketing the cash for a second investment property,...... that would be illegal.... like mortgage fraud type illegal. you would have to be pretty good friends, and be willing to risk spending at least a few years in prison with a shady  title company to pull that off.

According to the city inspector that talked to him one time about trash violations, he was told that guy was in and out of prison frequently.

I began with  PMmadeeasy,com and read Dan Kennedy's books, one of which is titled, "No BS Ruthless Management of People and Profits: No holds barred, Kick Butt, Take-No-Prisoners Guide to Really Getting Rich.

They are notorious for underestimating rehab costs and overestimating the ARV.

3.  203k loans include a NOTORIOUS amount of paperwork, and are often used on properties that would otherwise not be insurable.  6 months is not a long time, especially for the scope of damage you're describing - though yes, I believe extensions are possible as said above.  

They don't matter to the Chinese political prisoner whose family received a bill today for the bullet he was shot in the back of the head with last night.