After 2 years you can apply for a “Rent consideration” (I think that’s what they called it) as long as you still live there and that may allow you to increase rents by more than the annual allowance (probably designed for unit that are very low rents).

I had a tenant force me to pay for some dumb azz air quality test where she claimed my air was bad and making her sick. 

However, I like that there isn't a lot of work to do and I could still make the property really cute with not much risk.Inventory is so low.

At the time, his offer was low, and I had potential plans for that space, so I turned him down.

I’ve been a serial house hacker in the greater Boston area so happy to connect and share some lessons learned.Multifams inventories are quite low depending on your budget and location preferences.  

Most people I know start with low money down programs so they can get away with a initial capital investment of around $25k but you also need reserves.  

But, if steady long term cashflow is a goal, with no management, one can always sell farm land on a low down private contract.

Anyone that is looking at your assets is always going to need to factor in property management, so you can show that as a real expense (and really make it as high or low as you want).I work in a vertically integrated real estate and development company, and I cannot imagine how things would run if we did not have an internal property management company that essentially works for the other companies but also stands on its own.

We are looking for low maintenance (so primarily new construction or >2000 and well maintained/rennovated) single family homes.

I've never really done a deep dive in analyzing the area because it is a retirement community, median income is very low, and there arent a lot of jobs in the area.