If I posted my flip, they would have said the same thing. doesn't matter. the other homes were crap and this one was good. sold for $195k, the comps around there would say it should have gone for $170k.

Cheap properties attract the worst crap garbage loser "tenants" (my term for them is disgusting thieves who lie their way thru life).Your strategy needs some very careful due diligence.

This was also tied into most LTR tenants' well-documented perennial inability to throw their crap away, sure, but in a far more intense and personal way -- moving from a three-bedroom house to a two-bedroom apartment also meant parting with the precious stuff they had bought to furnish THEIR OWN HOUSE, and for many of them, the memory of buying that stuff was and continued to be tied to one of the happiest periods of their lives.I don't think we talk about those nuanced realities of a LTR tenant's mindset as frequently as we should here.

Here are my thoughts - 1) You need to know you are not going to OVER-use the HELOC or equity loan and buy random crap. 

Also make sure to include language in the tenant contract that your tenants will obey those regulations, lest you get "nasty grams" about crap on the front porch or unattended landscaping (assuming the tenant will be responsible).  

Complete crap. 

One person can find all the cheap, crap properties that the other can sell and do little to no renovation on them to save money.  

I’ve got appraiser buddies but I’ve also got some on my crap list.

(We are long past the dip) Bottom feeders who purchased crap land for almost nothing in a down market will unload it for a profit in a boom.

Better than blowing the money on material crap I guess.