I’ve had this happen once in another state where I bought in a gentrifying area and property taxes have shot up to about $15K this year - the city claims the property is double what it sold for a few years back though there is no chance it would sell for double or even 20% more.  

They gave me a shot on the first couple, so due to the relationship I have stuck with them. 

If I see a bunch of mug shots in the top search results, I assume it's a war zone. 

It is very much running a business in the real estate industry and it is something that many folks who 'give it a shot' bail from before seeing any significant success.

@Robert Palladino here's a shot of the lot.

When it comes to parents, I just ran the numbers for them real quick and then shot them some trends in my area to support that it's all going up, in most areas, faster than inflation.  

@Cassidy Burns How about some more information.........was it a tenant who shot or got shot?

But if you under-budget and you end up having surprise expenses, you've just shot your cash-flow in the foot for who knows how long.And you're much more likely to encounter surprise expenses, compared to surprise income. 

Now these are cosmetic changes , if the complex needs roof replacement ( $ 30k )  and building needs paint ( $ 10k ) , asphalt is cracking ( $ 7k ) new hot water ( $ 5k ) , then that ROI % return will be shot .

Those are the numbers I used while searching in the Arvada area where we currently live and ended up outkicking our coverage by a long shot just thinking outside the box and getting creative!