There are numerous reasons why they usually do not make good rent properties. 

There have been numerous people on BP talking about how they paid application fees but they could never get their loans closed on any deal brought to the company.

Search the BP for ADU appraisals to encounter numerous examples.

Quote from @Tim Buckingham: @Jonathan Moody Good information but I'd like to add some additional points (note that your mileage will vary due to numerous variables). 

I encourage you to define your financial goals, as real estate presents numerous possibilities.Building a strong foundation of knowledge and connections can significantly impact your success in real estate investing.

So the fear of the 45 day period is more perception than reality.  

In fact, I have still been increasing my monthly ask with turnover.I agree with what @Dena Puliatti said - it is not a cash flow play in Huntsville right now whatsoever, but more of a "break even" cash flow play for appreciation.Folks, there is a LOT of dysinformation on Bigger Pockets right now about the Huntsville and Madison areas in numerous BP threads right now - more than I have ever seen in the past. 

Goodin Development has no filings with the SEC authorizing it to raise money, has not pulled any permits and is not mentioned in any of the numerous news articles discussing the development and the companies involved.If you are thinking of sending Justin Goodin or Goodin Development any money - THINK TWICE!!

Would you say your perception may be different from most people because of your accountant background?

I feel like those lists are sold and resold numerous times over and over again for the same data.