You need to compare apples to apples.

BTW: Cap Rates don't really matter until you get to 5+ units, other than for you to make your own apples-to-apples comparisons.

I never, ever thought of myself as a victim, most of all of my black male friends are professionals because they went to college and are married to black professionals, just like the Cosby Show, I've had silly people tell me back then, that is only on TV, yeah right!

And make sure you understand the liability associated with allowing the tenant to make repairs: https://vimeo.com/295658671(Since you are in Florida, I highly recommend Evict TV (google it) - there are literally hundreds of free videos like the one above by an attorney on Florida-specific landlord-tenant topics!)

Some units in Chicago have them in the kitchen, like Shameless TV show. 

Be sure that you are comparing Apples to Apples and not Apples to Oranges.

Like most other practices, this will lead to more regulations to weed out "bad apples". 

To really understand if it is a good investment you need an apples to apples comparison. 

Eventually, you'll be wanting to be hands-off, so the ability to weed out the bad apples in the bunch and maintaining the relationships of the great ones is a crucial skill to have.Good luck!

It's ok to have some separate interests, I don't talk about sports with my husband - but he has his guy friends and endless sports talk radio/TV shows for that.