The tenant is responsible but in most cases the tenant has bad credit and already has collections/judgments that they’re not paying and they often don’t work or work long enough to garnish wages, thus they’re judgment proof.  

Assuming it's Section 8 approved, why would it not be a good idea to slap a Section 8 tenant in there and collect positive cash flow?

I manage two single family residential, that are low maintenance and collecting 10%-11% cash flow.

Say goodbye to having to collect cash or checks for rent from your tenants.

collect payments from mostly wealthy renters.  

They have the Sealy Sterling Cool Comfort for a dollar less than this - https://www.costco.com/sealy-sterling-collection-cool-comfor...$74.00 Emerson Sensi WiFi smart thermostat - https://www.amazon.com/Emerson-Thermostat-Version-Energy-Cer...This is the exact one we have in our lake house.

Keep in mind, if doing an LLC, everything must be done through that LLC - mortgage, bank accounts, rent collection, insurance policies, etc for there to be a wall between you and whomever would target a lawsuit against you or that property/LLC.~ Lindsey

You are talking about this like it's a video game where you just can collect things for prizes and it all works out.

As a final touch we collected art to match different themes that connected us to the house.

I would definitely recommend checking out the Cleveland market if you are interested in collecting cash flow, and specific pockets have gone up 2x and upwards of 4x in the last 5 to 10 years.