Tenants are seen as uncaring of the property, the source of all behavior woes and generally horrible people.We had a vandalism problem and everybody coming to the board meetings, including other board members, would make comments that "it's probably some renter" and "I hate that these people just come in and destroy our properties and then leave a year later and nobody cares, especially not the landlord".Then, a couple of months later when the perpetrator was caught and discovered to be a homeowner, nobody apologized for their attitude, nobody had a change of heart and nobody was willing to stand up and state that they were wrong to accuse the landlords and their tenants.Landlords are generally seen as greedy, money-grubbing jerks who just allow any old rando to ruin the lives of all the innocent owner occupants.I'm exaggerating a little bit here, but not that much.The concept that you would come in as not only a landlord but (gasp!)

A large, one-time expense could annihilate your bottom line and make it look like you had a horrible month.

The answer is that they dont and people make horrible buying decisions based on that information. 

When you have as many rentals as I do its a horrible experience to explain all the loans, produce promissory notes, rent rolls and on and on. 

Setting the stage:My wife and I have been looking for quite sometime for a good opportunity in our area, southern California, beach community.  A realtor I've been in communication with called me up and said I have so...

It's just common sense you so called flat broke wannabe horrible wholesalers don't have no money no nothing bonehead why would you get in an contract with a seller of a house and you don't have no money bonehead?....

I went through 4 managers in one year and they were absolutely horrible.

Especially when it's her money.I know those kinds of numbers on an SFH rental sound horrible to investors.

@Elazar Kaikov You have gotten great advice from @Thomas B. and @Curt Davis  one street may be great and the next street over in the same zip code may be horrible.

He bought the house for 125k in 2009 and he is very motivated after a horrible divorce.Question 1:Our seller is willing to take what he owes which is around $102k.