With pulling out your equity (or selling), you can diversify and buy more.I did sell one of my places and used that money to buy two others. 

The additions are usually small.Buy focusing on real high value places, you are putting yourself in a narrower guest pool.

He also trashed the place and cause $6,000 in damages.

Is there any place on this website that that focuses on investors that got in the game late.

I’m still working toward my first deal too, but I’ve been learning that tracking maintenance and expenses is all about staying organized from the start. 

If you want to get a clue about places to avoid investing look at states where insurance premiums have jumped or where homes are uninsurable. 

Now I know what you all are thinking -- that place is not going to cash flow!

Plus, I use it as my CRM to keep all the info about clients, properties, and conversations in one place.

I am seeing more bureaucracy like inspections and fees, which I can understand because some people let their places become true hazards.I do agree what @John Underwood said and would consider lawyering up. 

Use it in conjunction with all of your other tools and you'll find that it has its place and can be useful.