Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

There are many reasons that adding a single ADU in southern CA is a less than ideal RE investment (i will post a list at the end) but the negative initial equity is a primary reason as the initial negative equity position consumes the initial cash flow and can take many years to recover.As for converting your home to a rental….

But don't discount a deal killer as negative when they only work in your best interests.

Knob and tube has more negatives than most people think, As a GC doing lots of remodels in a old beach town, we replaced a ton of these.

The major negative experiences for me had to do with ship times (their updates are on the slower side) or what happens if product is damaged or arrives late. 

If it were me, I'd be looking for something in that location to offset the negative impact of the casino. 

In some cases, after running the numbers, I’ve even faced potential negative returns, causing me to miss out on promising deals here in South Florida.That brings me to my question: I currently own two homes—one is my primary residence, and the other is a rental property.

California prices are really unaffordable at the same time the state has consistently had outmigration of native residents for something like a decade and even negative population growth recently whereas Texas has grown substantially. 

Seems like a lot of the negative comments and reviews are related to bookings, advertising, extra fees, etc.

I only buy in vacation markets that depend on tourism to keep their area going.