For example, for a business owner; they have no practical way to 1031 exchange.

I know the founder and know that they've set out to build a platform that takes the best features of sites like Furnished Finder and Airbnb and leaves out the clunkiness and annoying policies and practices.

While the absolute value may not be high - I have a rehabbed duplex (can you say practically $0 repairs/maintenance/CapEx for the next 10-15 years since I rehabbed when I bought it?)

To live multiple states away and run a string of successful C-class long-distance BRRRRs anywhere in the Rust Belt is practically impossible.

Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.

There are some legal considerations as well as practical considerations 1.  

As a property manager, it's crucial to understand the nuances of these fraudulent practices, recognize the signs, and implement strategies to mitigate risks effectively.Understanding Rental Application FraudRental application fraud occurs when a prospective tenant provides false information on their rental application in an attempt to secure a lease.

Any other sympathy is unfortunately just Poor Business Practice.  

I definitely understand everyone else's practical advice regarding "lifestyle investments" but also think there is something to be said about following what lights a fire for you! 

If the tenant has low net worth, a court judgment is practically worthless.Taking a week to vet a tenant can save months of headache.