Honestly, this can happen anywhere despite the neighborhood or time of day. A

For example, AirBNB and VRBO takes out the county and state taxes and we have no occupancy tax.You should remit taxes for any day a guest paid for.

Scaling up to bigger deals allows us to hire 3rd parties to handle the day-to-day, as well as bring in passive investors.

This approach has saved our investors, us and the tenants at the end of the day a lot of headaches.Much success

This will give you better insights into how the tenants keep the apartments AND the tenants will typically be brutally honest about issues at the property.But at the end of the day, a sellers financial reports, especially for a smaller property, are one of my lowest priority items.  

If the sponsor can earn out all of their investment the day a deal closes, are they really buying into the deal, or are they buying into the fee it can create?  

Btw, I experience this every day as an investor -- people hear that I "flip houses" and suddenly I'm scum of the earth.

As rents go up your nice, conservative double is going to be a 7,8,9 and eventually some day a 10% return.   4.

And potentially moving into it one day as a forever home is also an option.

(picture below)Issue: One day, a pipe under the floor leaked from your unit into the downstairs unit below through the kitchen AC vent, causing damage to the neighbor's kitchen.