Quote from @Joel Oh: Your business must make money day 1.It is so much more difficult to fix the model that is not making money than starting a new business that makes money day 1. 

I have filed for eviction on one tenant that I have placed in my career, and I was able to negotiate him out long before the court date. 99% of the time, eviction should not be a driver for whether you invest. 

When the police catch up to him your cousin is going to say that you told him he could have it for a WEEK not a weekEND and the police won't charge him because you gave him the car to begin with and its difficult or impossible to know what you may have discussed as the terms.

It's  not all inclusive, but it's still difficult to jump into Stage 1, not knowing the cost of Stage 2 ahead. 

Is it more difficult to get a loan on a rental property?

What are some stories you have with dealing with difficult tenants? 

Depending on the size and how difficult it may be to get to it, I've paid about $5-8k.

At the beginning, it may be difficult to get a more expensive property that will appreciate well and so your choice is go with the cheaper property and get cash flow until you can sell and upgrade, or wait for a really good deal which you may be waiting for quite a while and its possible that you will have spent so much time waiting that you could have purchased multiple cash flowing properties by the time you get a good appreciation deal that you can qualify for / refinance after the rehab. i know anyone can go out and get seller financing deals, HML, flip to build capital or whatever the case may be I am just saying sometimes those will be harder and could result in less deals overall. 

@Tamika Davis To your point, it is difficult to find one app that does it all.

However, I made the error early in my career of thinking I was generating way more cash than I thought I was.