New rental developments commonly have things like:[list]Nearby shopping or multi-use buildings w/retail on ground floor and lofts above.Nearby parking and extra storage available.Wireless Internet.Upgraded [fill in the blank]Ready access to public transportation or vouchers/subsidiesLaundry in-unit[/list:u]I have no idea what the market is like in your area and it does seem tough right now all around, but it might be worth looking at what you have (or have not) done with your rentals and see if you are still offering something competitive.With the explosive growth in RE investments, many by newbies who spent far too much money upgrading rentals, there are both more rentals on the market and they're in better average condition than before.

Lessee agrees not to store any explosive chemicals or hazardous materials in the rental.

Seeing the explosive growth of the city got me anxious to invest in it somehow.

The same 300k one-bedroom I mentioned above probably would have sold for half that ten years ago, but now that the initial explosion happened about a ten minute walk south, I imagine it will take at least a decade before the slow crawl of fanciness from Columbia Heights proper really shows any appreciation to the guy who bought it 2 years ago.I suppose what I'm trying to say is that if you are buying solely for appreciation in DC, it's a possibility, but not in the same way that it might be in California, as Anthony said he had heard it was.

You haven't been watching those Farmers commercials where the dog turned on the stove and caused a house explosion!

Vegas was expanding their inventory at an explosive rate while Memphis has investors purchasing existing inventory

Basic typically includes the following: Fire, Lightning, Explosion, Wind/Hail (but not Named Storm/Hurricane), Smoke, Aircraft and Vehicles, Riot or Civil Commotion, Volcanic Action, Sprinkler Leakage, Sinkhole Collapse, Vandalism/Malicious Mischief.The DP3 is also known as Special Form and that gives you coverage for any physical losses not specifically excluded in the policy.

So, at first I thought that as the investment fell, you'd get a divide-by-zero kind of explosion in the cash on cash rate of return.  

Pest / Rodent Ordinances: With the recent explosion of bed bugs in the east coast, this has been a big one.

I'll add that the area is experiencing an explosion (by Jax standards) of residential flooding the market, which concerns me with rentals, but as long as we continue to see steady growth then in the long run it should be ok if you invest in the right neighborhoods.