Stairs are the only way to get in, no grab rails in the bathroom, ramps that are too steep, etc.From what I've read, all commercial businesses/buildings (including ones before the ADA was passed) have to comply with the rules, unless it would be outrageously tough to fix (like installing an elevator in an already built building).Are all these local business just not complying and taking the risk, or am I missing something? 

Network with other local investors and always have a solid emergency fund.2.

Quote from @Julian Zamora: Hello, my name is Julian.

I’m currently doing research about up and coming areas such as this post as well as looking for local groups.

If things get tricky, consulting a local attorney experienced in landlord-tenant issues can help you handle the situation properly.

I would like to speak with local investors, real estate agents, property managers, lenders, etc. from the area.

I’m local and happy to connect if we can help. 

If you’re referring to the “newbies” with $10k to their name that watch a video by Pace and get excited and pay for joining, go out with their last $5k and do a sub to with a “desperate” homeowner without revealing all the possible consequences (because they are unaware of the consequences through lack of experience and lack of knowledge and or choose not to inform the seller) then I agree, it’s probably going to turn out badly for all concerned.If on the other hand you’re referring to a seasoned investor with excellent credit, significant cash reserves, who wants to add a property to their portfolio without going through loan qualifying, and can pay enough to give the seller “walking away” money because of the low existing interest rates and or, and is dealing with a informed seller, then I find nothing wrong or negative about the transaction.  

Just focus on learning the local market, financing, and property management.

Have you considered specific local market conditions?