I hesitate to use the term "slum lord" but the conditions some of these residents are living with are not healthy. 

I've got a pretty healthy Vacation Rental property in Palm Springs that I've been managing for 4 years, so I don't have many questions at this time, but I sent a request to join your FB group.

hiking, eating healthy and spending time with my family.Excited to learn and connect with you all!

Your goal should be to have performance cap rates at 7-8% on something with a market cap of 5-6%, which gives you a healthy 200 basis point spread from the going market rate. 

Fairly consistent rents for properties spanning realistically in the 100-250 range, with a healthy mix of SFH and MFH.  

I've been able to get a healthy combination of both cashflow and appreciation from all my properties after a little TLC.

They ended up selling for a healthy six figure profit.I agree with @Nicholas Coulter.

So a healthy buffer, and then from there they'll be working annual increases in that range I mentioned before. 

I think it's healthy to keep our eyes open for products that suit us best, especially as our businesses grow and change over time, so should our systems.

I don't remember exactly what it was now but like @Don Konipol they are looking at it like a business and if the property doesn't perform as a "healthy business" then they are out on refinancing.