You must know the acquisition prices intimately, be disciplined, know when to walk away, know the the market rental rates, and be a very strong operator when managing the properties. rices can increase (or drop) dramatically within a few blocks, and you do not want to be caught overpaying.

@Evan Rice It comes down to motivation.

@Joseph Rice Thanks!

@Marc Rice manages a lot of STRs in Columbus, Ohio.

Other than the door being destroyed, the tenant purposefully destroyed all of the blinds, dumped rice, confectioner's sugar, and pancake mix everywhere in the apartment (carpets, yuck), and turned the thermostat down on the refrigerator so everything would spoil. 

@Paul Rice Commercial rates have never been lower. 

Thanks for the idea its a great for house hack but its also im a dangerous neighborhoodhttps://www.areavibes.com/oakland-ca/highland+terrace/crime/

@Khouri Rice you may want to read up on this - http://www.attorneyross.com/landlord.html

Are you guys are hopeful that property prices will hold steady or appreciate in next few years with interest rate rate on rice?

Temple Terrace has high crime also, but if you get close enough to USF, could have an easy rental to college kids.