Other than that, not factoring in replacement costs, big ticket item expenses, and not having any reserves are some main ones that come up. 

AZ and NV offer opportunities that are a day's drive or flight away that might be easier to manage and even better if you can self-manage.

Report each issue on a separate ticket (grass, trash, health hazards, etc).

Their "ticket" system is not functionaing well. 

A couple months before I sold, I put them up as a flight special for $45. 

However, It seems like there is alot of opportunity in FL and it is only a short flight away. 

Avoid properties on main streets (traffic noise, avoid homes near freeways (smog/traffic noise), avoid homes without garages if most other homes have garages, avoid being in airport flight paths, avoid over building or over rehabbing for the area comps, know how to properly and accurately estimate ARv and rehab costs, and have money lined up in advance.

If the tenants are not reporting maintenance tickets during the year then you should not worry about it, but if something comes up on your yearly inspection report then yes I would try to get it fixed.

So I am looking to sell my ticket to someone.

Its appraised at $300,000 and we owe about $220,000. we are currently renting out that property as a rv pad to a friend of mine for $750.I'm a ticketed carpenter with around 10 years of experience and make about $85,000 a year.