My general rule of thumb is that a property needs to do 15-20% of the purchase price in gross rental income.

With an SDIRA, you can invest in long-term rentals while preserving your retirement savings, but you must follow strict IRS rules:1.

So first rule out intentional wasting of water .

I've been in each unit within the last week so we can rule out the portable washing machine.After hunting season (insert "you might be a redneck" joke here), I'll move one of my trail cameras into the laundry if the problem persists.  

If you dont have a great team to work with you can lose your shirt even if the house is next door to where you live... there are lots of great areas but only a limited number of great teams so our final choice has always been team driven... saying that we look for an area where there are lots of opportunities  and rental houses available in good areas using the 2 % rule  we found this in Detroit and Toledo  more then willing to share what we do and what we have learnt over the years

And, sounds like you're exactly at the 1% rule, which is golden!

@Mike ReynoldsRegarding your comment that if you need funds you can use money from your side business:You can't use non-retirement funds to pay for expenses related to real estate held inside you Solo 401k.Subject to the contribution rules and income limitations, you may be able to contribute non-retirement funds to your Solo 401k (e.g. as an employee or employer contribution) and then you could use the funds in your 401k to pay for expenses related to real estate owned by your Solo 401k.

Still tons of positive cash flowing deals that meet the 1% rule and amazing appreciation here!

Additionally, you can still find deals that will cash flow and hit the 1% rule and amazing appreciation potential. 

Learning how to use the correct tools and materials for a job, YouTube videos and even ChatGPT will help you get through 80% of the problems you will run into.My rule was I would not mess with HVAC, plumbing and electrical Or if it would take more than a few hours.