And you're right, with our low default rate and the lower price point on 2nds, buying them back is certainly an expense but not a major one.

I have found lower end W/D more recently have been failing much faster than the higher end names (Samsung, LG, etc). 

But there are also some real challenges, like dealing with lower tenant quality on average, the extra red tape, annual inspections, and the longer time it takes to get tenants placed compared to the open market.

There's so much content and so many individuals who push inexperienced investors to take action before they are financially ready while downplaying the risks, particularly those associated with  properties in lower tier neighborhoods.

You don't get better roi -- build a nice monthly income with a couple props in this realm and then move on to a "better" area to play the lower returns hopeful appreciation game - or consider single family, flipping etc.  

However, most people attending the event are less than college educated and have lower income.

Out-of-state markets like Houston, Indianapolis, Cleveland, and Cincinnati offer better cash flow and lower entry costs.

Additionally, you might want to consider an FHA loan for the duplex if you plan to live in one unit, as it requires a lower down payment and could still allow for a good return on investment.

Commercial bank or local business bank - where they will fund as much of the purchase price and rehab budget as possible, typically will have a lower interest rate than option 13.

Guests normally don't like to be asked to cover damages that they caused and sometimes give a lower rating because we ask them to cover it even though they have COI that insures my listing.So I'm exploring the event guest screening option that they could put down the security deposit as well. 1.