But I am not sure this is a good strategy anymore.In a city where Uber pool and Lyft line is just as cheap as the subway or a bus (and you get picked up at your home and you don't have to walk to a bus stop) is being close to a subway stop really that valuable anymore?

@Kurt Winsley  any one gets hurt your in for a world of hurt I don't see how the benefits would out weight the risks. and tenants abuse these things.. friend of mine put all new basket ball hoops and BBQ units with table etc in his C class ( maybe lower ) Memphis apartment complex.. .the items did not last 60 days and they were either stolen or completely ruined.

In IL we follow the EPA guidelines, but...any child having lead poisoning is and will be under investigation for child abuse.

There is a different history there, including some serious discrimination and abuse by landlords.

I won't say there aren't cases of tenant abuses, there surely are. 

., HUD will state that the broker has a fee for underwriting fee, when in fact brokers have no underwriting fee);Itemizing duplicate services and charging separately for them;Misinforming the prospective homebuyer that credit insurance is required and/or failing to disclose to the buyer that they are earning a commission on the insurance;Mandatory arbitration clauses;Falsely identifying loans as lines of credit or open ended mortgages;Forced placed homeowners insurance (lender falsely claims that homeowner does not have insurance and then gets an undisclosed commission for selling it to them);Repeated refinancing (flipping);Daily interest when payments are late;Excessive prepayment penalties;Foreclosure abuses; andHome improvement scams.A range of state and federal law of laws are available to help attorneys address dismantle the harm wrought by predatory lending practices.

I realize that these guys probably abused the system but the system is in place for a reason.

When you have a deadbeat, your property is often already damaged due to the filthy way they live and the drugs and alcohol they abuse and the poor choices they make.

But in this case where a young man uses a generic real estate phrase on his website and then gets threaten with lawsuits without doing one once of harm, or wrong doing whatsoever....in my mind that is civil legal intimidation and an abuse of the civil legal system.

There was a BP podcast a couple of years ago about an investor whose entire niche was specialty properties like this -- transition group homes for developmentally disabled adults,  or "clean living" homes for recovering substance abusers (I have a high school classmate who's lived in a home like this for several years).