Definitely a more niche type of product, but, incredibly useful, especially across the Midwest where many rental properties are less than 100k.

You express a lot of the sentiments I have as well.Yes, it is an incredible deal.

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I have been having an absolute blast and find my self incredibly blessed for the life I built with my family.  

It's a lot easier to net out positive when the cap/ex is smaller % of your gross rents.

I think the property would have to be incredibly unique to make this argument.  

It is easier for me to manage and I know the areas better.

Another useful feature is enabling online payments, which makes it easier for customers to pay and can speed up the process.

Simon, Here in FL its much easier for us because we know a few things:1) The U.S. is severely under supplied in housing units. 2) Tons of people are moving to Florida everyday which makes point #1 even more drastic for us. 3) Interest rates are preventing people from selling their homes, because then they would need to re-trade for a higher interest rate buying a new home, which is creating even more housing demand.So with this knowledge, now we move to more market specific data, which is what I talk about in the original post.If a market shows decent growth and demand, then it all boils down to the numbers.Its important not to forget about any costs though.

This makes everything much easier to track.Best of luck!