Most of your worst performers will probably also be your worst homes, whether that's because of neighborhood, age/problems with the house, etc. so that might be a hurdle. 

Zillow is probably the worst place to get rental comps.

Although Farmers Branch is one of those areas like Carrollton that seems to have some of the worst dirt in the DFW area that can lead to foundation issues.   

Hopefully the projects have budgeted to produce some sort of distributions from the start but I do understand sometimes it takes time before they have can, although if their projections were done right then it should be in line. 

When I bought my second house hack here in Los Angeles, we ran into all sorts of problems.

For now, I sort of want to start "small" and I'm looking to build a portfolio of single family homes in areas with good price-to-rent ratio where there's good cash flow and low price.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.What else can we assist you with?

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.What else can we assist you with?

Worst case, structural and roof repairs.If it is in the worst case side I might not tackle a project like that in that location due to the added complexities.Once again thank you all for your responses

Even if you purchased your home at the very tip-top of the market before they dropped by 19%, if you would have simply paid your mortgage payments, mowed your yard, and stayed in the house for 6 years (you had to live somewhere during that time), you would have made money on your home...and that was the worst drop recorded.