Not to mention its old but the soil is a big issue then just drive on the roads that is Yazoo clay popping up and creating the pot holes and I have seen roads heave 6 inchs to a foot after a big rain..

Mom and Pop shops are not that great at accounting and the numbers tend to look like they can't afford to live so take that in to account plus the operations they are doing. 

If one tenant moves out or unexpected repairs pop up, the other property can help cushion the impact.Of course, more properties mean more responsibilities...double the maintenance and potential headaches.

Lower-income renters tend to generate significantly higher maintenance and turnover costs.I thought the same thing.Paper figures always look great but real life is different.If I get any one of our investors 8% net net year after year, I pop the champagne.Not an easy feet at all...

They either serve mom and pop with their personal checking and vacation loans, or multi $ billion deals. 

Historically cleaning fee's reflected pre-Airbnb the  way that Mom and Pop joints allowed customers to pick if they would clean up the cabin or if the resort did. 

There is so much nuance to these strategies.Another question popped up since my closing date is looking like it might get pushed back... what happens if the investor is not able to meet the material participation requirement by the end of the year? 

I’m  getting tired of seeing small mom and pop operators believing they can operate through title only and achieve the same separation and  liability protections.

Sadly, I think the days of mom/pop landlording are over.

I understand the premise and agree with it, but what popped in my mind it immediately is a person has to be consistent doing the right thing.