I'm curious as well. 

Consider cleaning, lawn care, snow removal and supplies as well as utilities  in your calculations.  

I do not know the market very well in Gatlinburg, but from a pure investment perspective (assuming revenue is gross) is abysmal. 

That home was in Milpitas CA.. probably worth about 1 mil today.. but I lived there 2 years sold it made over 50k and I was off to the races.. primary home equity as I look back 50 years of ownership and multiple homes has made me well over 2.5 million in tax free gains. 

Background checks on how well they avoid trouble.

Are you focusing on local investments within LA County, or are you considering opportunities outside the area as well?

Educating yourself about common property maintenance processes doesn’t mean you have to become an expert, but even a basic understanding of repairs like plumbing or lead testing can go a long way in helping you make more informed decisions.It’s also worth discussing with your property manager how they select and negotiate with contractors.

That's great to see how well you've done.

I wish you well in your real estate endeavors. 

If you are getting feedback from this group of posters, many of which are legendary by BP standards and known for their knowledge and willingness to share it.