I am open to other markets as well. 

Well... they are who they are. 

Wishing you all the best in your business as well, and thanks again for the kind words.

.🎩 The Buffett ConnectionWarren Buffett's investment philosophy aligns beautifully with the principles of income-producing real estate, particularly through his well-documented love of dividend-paying stocks.🎯 The Buffett Dividend Strategy Coca-Cola remains one of the best examples of Buffett's philosophy in action:1988-1989: $1.3 billion investmentHeld for 30+ yearsGrowing dividend income streamShows the power of buying quality assets and holding for cash flow💳 The American Express StoryBuffett began buying AMEX in 1964 during the "Salad Oil Scandal" crisisMade a larger investment in 1991Berkshire now owns about 20% of American ExpressThe investment has generated billions in dividend incomePerfectly demonstrates Buffett's principle of buying great companies during temporary troubles (just like smart real estate investors who buy in good areas during market dips!)

In my experience, most mom-and-pop investors lose a lot of money due to poor management of tenants, as well as poor/deferred maintenance.

Well, there are multiple moving pieces.

Check and reset them daily to remove the dead ones and reset the traps.Poison is easier and works well, but the mice die somewhere in the house and you may have an odor problem for a week or two.

The borrower's financials play a big part as well.

Well I have seen this come into play - I had someone who has a note in florida that was a non-owner occupied loan and the lender claims the borrower failed to make payments on this and attempted to record the deed in lieu.

They have always rented them at well below market rate and the repairs were made by the tenants.