Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.

The contracts and how they are written is extremely important.

The cost of living is extremely low compared to other cities and you can still many many positive cash flowing and 1% deals here.

Both cash flow extremely well

As far as strategy goes, long term rentals are extremely hard to cash flow right now and are more of a long term play on the appreciation side(never buy solely for that reason).

That made us extreme equity in these last three years.

She asked for prorated rent if she moved out early, which I happily agreed to and she has been extremely cooperative.Lower unit tenant is mad that someone less than half her age owns the property and is not letting her stay (she has been there 10+ years).

We have found that to be extremely beneficial. 

I think our way of self managing is the optimized way where our place stayed booked, our reviews are extremely positive and we are fairly handsoff and we can leave town no problem. 

CA is going to be extreme and the rest of the states are likely 10-15 years behind those initiatives.