@Nathan Gesner Yes, I'm fairly confident if we were to hold long term, we'll do just fine. 

Class C: These apartments are typically over 30 years old and are in fair to poor condition.

But either way, it is a fairly substantial number of States and many of which have large population centers.

Both Fort Lauderdale and Pompano have fairly relaxed STR rules and regulations. 

I know that there are issues with any house, but it seems to us as if we have had way more of our fair share of problems since we acquired it.

Lots of cities have restrictions..Arlington limits to a fairly small area of town, Ft.

Many tenants will cut their nose off to spite their face and move, rather than accepting a fair increase:(What does Zillow say the rent should be?

Our lender has informed us that we need 12 months of rental history to use the actual rent for financing purposes, or we must rely on the appraiser's fair market short term rental value.

You've probably heard of big Landlords losing property, but only because they were flagrantly violating Fair Housing, running a slum, or otherwise violating the law in an egregious manner.

In my market, which is a fairly economical place to build, I am friends with full time builders that are in their properties about $150k/door for construction level finishes.