Never buy any property without physically inspecting it and its neighborhood yourself, AND having it thoroughly inspected by a great inspector who YOU select and pay for.

@Sanjeev AdvaniIn our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

If you start in your market now and then transition later.. you will have to rebuild your entire network and start over with your knowledge on the selected market.I suggest looking into OOS investing.

It’s also possible to have a negative net worth, which means your liabilities are greater than your assets.Examples of assets that may be included in your net worth include:Business interests Cash and savings Investments Personal propertyReal estateRetirement savingsVehicles Examples of liabilities that may be included in your net worth include:Credit card debtMedical billsMortgagesPersonal loans Student loan debtVehicle paymentsNet worth is very easy to calculate: You add up all your assets and subtract your liabilities.The net worth formula is:Net worth = Total assets – total liabilitiesHow to Select a Net Worth TrackerYou can choose from several net worth trackers to help you monitor your financial position.

I am in a similar situation to you in that I am in a 100% commission sales job and the number of deductions and the whittling away of your effective tax rate is very powerful once you can wrap your head around the numbers and the big picture.

The $1200 a month increase would take effect while he is on disabilty and he will likely be responsible most of the $1200 while on disability. 

If so which did you select and why? 

Overall, it was good to me, but it was certainly more work than market rate tenants, simply because I effectively had small turns every year with the inspection repair lists.  

The population turnover typical after storms can cause a “gentrifying effect”" Liao said.

However, in my experience, the MOST important factor in the safety, security and property protection is tenant selection.