More than four months rent were lost between missed rent payments and legal fees to evict the tenant.The next tenant was much better, but had frequent complaints regarding legitimate problems: -bathroom sink hot water knob that didn't work-rat urine smell coming from the vents-water leakage from the toilet(I understand that problems occur, particularly with properties of this age, but it was surprising/disappointing considering I paid Ohio Cashflow $64.9k for a property they bought for almost half the price, then, even after having done improvements, still required frequent repairs.)3.

Two years ago when the entire market was red hot most listings in my area required a pre approval or proof of funds with the offer if I remember correctly. 

The paid version is 69 pages long and by far the most intense lease I have ever seen.

You can snow ski at Mt Humphreys near Flagstaff one day, and tube the salt river near Phoenix the next - Either very hot, or very cold - not a lot of in between unless you want to live more rural.  

Your location is HOT. 

OR, you can beat those returns with higher risk, higher intensity RE activity. 

Douglas you seem to be equating the fact that it's easy to sell a newly built high end home in a hot market with how easy/hard it is to build such a home. 

Considering adding a hot tub to my Poconos short-term rental property and wanted to get your thoughts on a few things:1.Patio vs. basement installation for the hot tub?

Don't count on appreciation, even in a seemingly hot market like Florida.

Does this have relevance to a SFR and 2-4 unit strategy or just more systems-intensive MF, office and industrial assets?