I would recommend including the utilities in the rent so you have control, or least water/electrical, since students are notorious for skipping town on the last bills which then get added to your tax bill.  

Florissant Road is notorious as a speed trap with Ferguson Police, and it's even worse with Calverton Park.

When push comes to shove, judges are notoriously favorable to tenants.However, I would never discount the power of having something in writing whether it would pass judgement in court or not, almost always whatever is in the lease will never end up being ruled on by a judge because tenants will often just drop their objections if it's in writing.

Without experience in this field, you can't be sure that the numbers you were given are accurate (real estate agents are notorious for padding the numbers), so it could also put a financial strain on you.  

If you're in one of those notoriously vicious boroughs, the school board might challenge your case.It's my feeling that a 7.25% cap rate (calculated at $544x12 NOI / $90k purchase) is far too low for a SFH in this area, especially given an approximately zero percent chance of property appreciation.

We're exploring adding garden units, but it's less than likely due to the fact the city (Chicago) is notoriously difficult on these matters. 

I know OK is notorious for high insurance rates, so there's that as well.Thanks!

National tenants need an up-to-date property and they are notorious for terminating or buying themselves out of leases which can subject you to long vacancies while local tenants tend to stay longer in a substandard property.

Contractors are notoriously shady and construction is probably the most unprofessional industry in our country.

Birmingham is notorious for multiple structures on the same parcel as well as, not individually metering water for units within the same structure.I've owned duplexes with both of these issues but didn't get financing.