A satellite to St Cloud, low median incomes, little to no growth, limited employment, just not a lot happening there.

This is the most common oversight by self-managers, but it's the one that could be financially catastrophic.

.- it is important that some of the furnishings are quality including common area seating and mattresses.  

when i worked for a syndicator back in the late 80s and tax reform hit.. they had all sorts of problems which eventually took the entire company down and they had over 250 different partnerships ( different buildings apartments senior housing MHP shopping centers land development  the land development was what I was employed to work on.).And this was prime Northern CA real estate Bay Area and Sacramento..

I am currently employed in retail sales and am very excited to start my real estate investment portfolio!  

Is this a fairly common occurrence?

I grew up ridiculously poor, virtually everyone I knew were renters, and they all had the same things in common - a series of poor life choices and ignored opportunities that kept them renters.

I am considering evict my tenant with at fault just cause due to the lease violation ( parking, trash, common area cleanliness).

A common mistake I observe are investors focused on unit count rather than the fundamentals of the underlying real estate that's being bought.

I have a remote job living in Austin and $120K cash and $20K on my employer 401k.