I remember hearing my community bankers during the GRC- "We have no appetite for lending on that asset type.

I have an application in front of me now where a prior landlord gave her a bad report because the vertical blinds were missing and an "excessive carpet cleaning" charge on move out.

I usually try to workout at least 4 times a week so this can save me about 4 hours a week in excess gym time.

Most people only have luck with those properties when they are local and can keep an eye on things.Cassi gives good advice, it could be a great investment, depending on your appetite for risk. 

A handyman landlord working with minimal help can do good work in these places, stay on top of things, and keep perhaps ten of these tight little ships running with practically zero outside labor costs eating into his profits or excessive time commitments, while he does modest, leisurely little spec rehabs and occasionally larger live-in flips anywhere he finds deals, accelerating his timeline to  pay off his street of moneymakers. 

Made me feel like a smaller scaled NYC (without the excess lights of Times Square). 

Generally a rent increase of more than 10% is considered excessive, especially if no improvements have been made to the rental unit.  

This does present a hurdle to RE investors when they are first starting out because most of these new RE investors  do not have much excess cash to cover a large capital expense (or even a moderate cap expense). 

A quick background on me. i served 8 years in the military, and ended up getting out due to excessive amount of time i had to spend away from my family.

With these two categories and excess temps (above 90 degrees).