With the market as hot as it is I'd imagine you hit some resistance, more from the LA than the Seller, to meeting in person at the property.Appreciate any experience you can share.

Tenants, particularly students and young professionals, seem to be almost incapable of cleaning tile and you will eventually have ugly, stained grout lines.We still put soaker tubs and tile surrounds in our higher end rentals, but are doing so for the aesthetics.When we do use a 3-5 piece tub-surround, we never put them directly on the framing, but alway use a backer - rigid foam/rock board/mould resistant sheetrock - to prevent the surround from warping.

I was a brat and I hated it and resisted making any effort, although I was fine working hard on my grandfather's farm. 

Cash flow is recession resistant so take your time and find something that pencils out well.

Class C are more "recession-resistant" than Class A.

OK maybe that was weak but I couldn't resist.

I know your post is not aimed at younger investors like myself, but I couldn't resist chiming in; the recession shaped the foundation of my adult life.In my friend circle, we ALL had at least one parent, if not both, lose a job.

@Rick Raanes You couldn't resist.

@Whitney Bowling I feel like it’s a deal I couldn’t resist.

We are also looking to sell a second position note on one of our recession resistant mobile home parks that would pay out at 10% that would give us another 2 months in reserve.