I used to do junk removal and demolition for these kinds of companies and saw all the worst case scenarios in columbus from tenants that can pay $800 per month. check the vetting requirements, raise the price to get into your unit. 900 per month is cheap in columbus if you are buying c class make sure to take a little more like 2 months rent so the people moving in aren't scraping by

Speaking for myself I’m just planning to have to live there for more than 1 year and make sure there is room to raise rents, for example spending a few thousand to bring a washer dryer connection to the complex if it doesn’t have one could be a great cash on cash return if you can raise rents maybe $50/unit on the next turn. 

It's not impossible to raise capital with little to no experience, but it's harder.

While you are deciding, see if you can't raise your nightly fee. 

If you get a couple hundred under your belt, youl'll be on your way to building that investing muscle.

He raises money, makes X% from money raised while buying and managing assets with raised money for others who in turn make X% return.

Some landlords actually refuse to raise rents on tenants they personally like or see as friends. 

About 10-15 years ago most counties (who control the property taxes.) lowered the values but raised the tax rates.

You have benefits like the homestead exemption and you can be sure a landlord won't raise your rent or ask you to move out to renovate, etc.

They also turnover every few years allowing you to fix the damage and raise rents.