I also never had to worry about vacancies: if you own a desirable property, you will always have people lined up to rent from you.

But mostly keep in mind that any property you find the local landlords already know about and did not desire it.

Yes they suck. ...alot lol.Nice south bay burbs are still highly desirable, low DOM, naturally appreciate and coupled with value add still present good returns.Ironically techies (from many different cultures) still want a 3/2 picket fence house.This strategy, however, comes at great personal discomfort.

The ability to manage investments requires a desire.

While the property's location was desirable, it was evident that the house had been neglected for several years.

Nice to have a problem that the properties have appreciated so much that the LTV is below my desired LTV goal.  

True scale benefits only begin with properties of 50+ units.When buying in a low cash flow scenario, make sure you’re in a desirable area where equity growth is likely.

I feel if a person doesn't have the time or desire to get on a plane to look at something they are dumping hundreds of thousands of dollars in, they probably are not that suited for this business.

I live in a very desirably town in upstate NY, refinanced at a super low rate, so will keep the house as a rental.

PM companies who charge a flat fee have no strong desire to rent out your place because they get paid either way.