I would only ever consider this if the ceilings are already falling down or damaged.  2.

I understand this is not a requirement, but I have never received a damaged unit from an inherited tenant or any legal issues.

.$275000 with 25% down, taxes $4080, insurance is 3000 yr and rents is $3800 month, Water $400 mth. 

If the neighbor owns a dog or has other reason that even a temporary dismantling could be problematic, you'll want to let them know that the fence is being replaced so they can mitigate any damage to your property or crew while it is being replaced.Hope this helps...

All Landlords risk tenants damaging the home, but a NICE home attracts NICE tenants so the fact that you've made the home very NICE means you should be able to take your pick of applicants.

His God complex and giant ego won't allow him to reflect on the damage he's done  keep in mind if the SEC detects a serious issue and one that could harm investors right now they have the power to take emergency action and shut them down.

In your example, $250 in utility bills is much cheaper than $2500 to fix frozen-pipe damages!

@Melissa SejourRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

You want to make sure they are properly installed and you don't want tenants moving large appliances in and out of the house as it will cause damage. 

Why not start with a small turnkey rental property and test the water?