-The insurance market could change by denying/reducing coverage to addicts, putting this clinic out of business.The way I see it is even if the clinic shuts down and they break their lease, I could always rent it at market rate to a normal family, or I could just sell the property.  

If I could break even cash flow to mortgage/expenses - I’d be happy in a market with appreciation.  

this would have the rentals break even on my income, and her 100k of income would be untaxed under the FEIE.  

I hated breaking the news to my dad on this one.

You'll have difficulty selling it and breaking even with disclosed leaks.OPTION 1hold on with long term rental strategyOPTION 2Increase your revenue with 1 furnished MTR for the medical groups. 

Once I had a good list of about 50, I called them during my breaks at work and spent about 30 minutes to an hour just talking to them whenever I could.

If you're going to buy for break-even cash flow, you at least need to buy with some equity or force the equity so that you're not buying a lose-lose.If you like NC, look at Triad - Greensboro, Winston, High Point - or Alamance - Burlington, Mebane, Graham.

The management issues are the maintenance issues - older buildings just break more.  

Issue appropriate notice immediately whenever the tenant breaks any of the terms they agreed to in the lease, which starts the process and shortens the timeline if you need to take the next steps towards eviction.

It was a balancing act on my end, I had to buy furnishings that were tough enough to keep up with the abuse of my guests, but affordable enough to not break the bank.I have put together a list of items for when I purchase a new STR, and would be glad to send it your way if you want to PM me.