Plus for its high cash flow potential, utilizing a 1031 exchange to reinvest gains effectively made this experiment a relatively low risk for me.

One of my rental properties is located in a low-income area, which presents unique challenges in finding suitable tenants.

I am just worried this might be a mistake as it as a high cash flowing property and my mortgage rate is a low 3.125%.

Don't feel the need rush the process and choose the first one that comes through.

Many investors don't realize they've agreed to dump more money into the syndication if it runs low on cash (capital call).

So something you might look at but again choose wisely don't get stuck in SOJAC stick to Madison or Rankin counties.

I have no doubt he'll transform this entire corridor in the coming decade so I'm also looking closely at Hornsby Bend, Del Valle, and anywhere in the general vicinity.These are my top two areas where you can find low entry price points relative to both current and anticipated market fundamentals.  

It's an extremely clear lease clause, tenant gets discount based on painting of rooms landlord chooses.

I've read a few of the BP books written by Brandon & David Greene and they say something similar to choosing a PMC.

There are a handful of gulf front complexes that still cash flow positively but you need to be very careful as to which complex you choose as not all complexes and especially HOA's are created or managed equally.