I do a lot of typing on here and you lose a little in translation as people will attest to here that have talked to me.Swanny

Red flags include:  "my landlord wants to sell the house"--   "my landlord died"---  "my landlord won't fix anything" --- those are code words for "I'm being evicted for nonpayment".... another one is "the pay stub system is down" ... that actually means "I don't have a job"   you need to learn the basic translator skills of C/D landlording!

(Translation: Nope, the guy renting out the property can't claim adverse possession.)...tries to make the discussion complicated, and me appear incorrect, but once a person wades through your post ...

That translates to several hundred dollars in licensing, several dozen hours of education (plus continuing education on a regular basis), yearly fees to the State Real-Estate commission, etc.

Can you translate that $100 into a percentage of monthly rent?

Obviously, added value translates to higher earnings – making failure nearly impossible.

This tenant has uttered the dreaded "I know my rights" statement which translated means : I don't give a dam what you think your rights are as a landlord I intend to make your life as miserable as possible.

If you are looking to invest in private placements on the passive side you would find a successful sponsor, and many times that translates into a successful operator/contractor/developer/broker of some sort.  

In sub tier markets, it's an added bonus that will attract a larger tenant pool (which decreases vacancy) but it doesn't necessarily translate to more rent in your pocket at the end of the month. 

If they are already there, they are very expensive unless they are value add - ie, need a lot of improvements which usually translates to money.