You’re generally working with tenants who, by definition, have lower income and often less favorable credit.

With your 750 score, you should still get favorable FHA terms, but talk to lenders about how her score might affect the overall approval.

When successful it is quite rewarding and can lead to favorable basis and financing opportunities but there are certainly risks and its important to have plenty of reserves and be realistic with time frames.

While you shouldn’t categorize all tenants and it’s the landlords responsibility to properly screen, the tenants who reside in better situated housing and pay higher rents are more financially responsible meaning lower rate of rent loss and will generally take better care of the property which combined will result in less time allocated towards management functions if self-performed or more favorable management fee structures if 3rd party management companies are utilized (which ties back to #1, as well).

I don't have the stomach for 81 pages of landlord/tenant law that favors only the tenant. 

This Meadowbrook Dr SE property presented an excellent opportunity due to its favorable location and untapped potential.

In your case looking to larger assets where you can effeciently cost segregate to gather bonus depreciation would be a smart move.Appreciation - Where in the country is the asset class you like growing or going to be growingAmortization of the loan - What sector or even region if you look locally for funding, is going to offer the most favorable lending so that less goes to interest expense and more to pay down of principle.Have fun with a spread sheet comparing these 4 returns from your investment with the type and location of assets you find attractive. 

Quote from @James Kerson: @JD Martin There are legal and practical factors militating in favor of keeping guided tours, no question. 

Prior to going pending the power is about 90/10 in favor of the seller after it’s us.

Syndication certainly favors the syndicator, with all the risk on the passive investor.