So don't just assume the market is bad, do your homework, it could be a setting in one of your management software tools.

I know that there are some extra requirements of the USDA loan like the property needing to be in move-in ready condition, but assuming I would be looking at move-in ready properties, are there any other hurdles I am overlooking in using USDA financing? 

To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

This is why people buy leads and lists consisting of records showing people are in the process of losing there homes.

The first house I bought, I lived there rent free, AND mortgage free, while renting rooms to other people.

I assume that your rate is between 80-$100/hr. 

I assume it would also decrease the demand for these buildings, making them challenging to sell, which leads me to my second thought.I have been seeing a consistent pattern on where these assets have been on the market for long periods of time.

I'm going to have a floor guy take a look to be sure, but let's assume I can't re-sand and I'll either have to put new flooring over the old original floors or just tell the next prospective tenant, that's how the floors will be, which lowers the appeal of a very rentable apartment.   

I know people that have had great BRRRR success in Detroit and Memphis, including myself.

Let’s take a look at some hard truths that many people overlook.### 1.