we are still assessing the rentals we manage but overall are just finding a few minor issues so far. 

Most of our water pipes are in the ceiling here and when one breaks it ruins the floor, plus we have had some flooding and other issues in FL.

What would you say the biggest issue has been?

>The likely rent I'd get in this area will cover half my mortgage payments at the momentI have done all of my brrrr in different market and I have the same issue that after a refi to extract the value add, my high LTV property at current rates is large cash flow negative (not as large as only covering 50% of the mortgage).  

I know wholesalers and EM is not a big issue for them its one of their smallest pain points..

Thanks in advance, IrisHi Iris,I ended up transferring ownership to the LLC and didn't have any issues.

;however, my issue is that I dont have good credit and since im self employed I make.very little income. 

@Ryan BroschardHi Ryan,You have hit a common issue many new investors fail to anticipate.  

This is in large part a neighbor to neighbor issue.

But to sum up your truly relevant point, all you are really saying is that there is high default risk when you deal with people who have poor credit history or some other financial issues.