Many condo associations tend to have legal issues that they battle and owners tend to get hit with assessments that they weren't expecting, ruining your returns. 

Filth and grime can ruin a place.

Here are my takeaways directly from their presentation:-US best cities for millennials-Most diverse city in the US-Best seaport in North America-#2 top metro for job growth-#1 best hospital for cancer-22 fortune 500 companies, 2nd to NY-3.1% unemployment-6 out of every 10 jobs in Texas will be added in Houston through the year 2040-Growing 4x’s faster than the US population-2nd fastest growing economy in America-The Texas Medical Center is the largest medical center in the world-21 hospitals-8 academic and research institution-21,000 physicians, scientists, and researchers-110,000 employees-170,000 operations annually-Upcoming $1.5B expansion that broke ground in 2019 and is expected to be completed in 20222-New campus is expected to have a $5.2B impact on Houston and create projected 30K new jobs-University of Houston-$1B planned expansion over the next 3 years-Located extremely close to the medical center and downtown-New $100M college of medicine scheduled to break ground in Spring 2020Basically, Houston is not all about oil and gas!!!

Many lose the money just before ruining their future.

I guess I could have not paid the electric bill for a few months, ruin my credit and then maybe a few months later they'd disconnect it for non-payment, but probably not, they wouldn't want to inconvenience the squatters.If they still hadn't left, I would have needed to hire a bailiff for an additional $3000.

It's builder grade 1970.My husband says that if it's not ruined, we should salvage the kitchen until it is ruined, and then we can redo it.  

There is one scene in the movie "About Time" where Rachel's husband goes back in time to reconnect with his father for the last time as he knows that his father has already passed away from cancer in the future.

So through their incompetence and/or laziness, Airbnb has ruined the vacation plans of who knows how many people, and they won't know it until they show up at the cabin!

If they do not have a solid plan and are well funded, you will get "unexpected" Special Assessments that can be thousands of dollars, and ruin your cash flow for years.

A bad tenant can ruin any realistic option.For class A/B rentals, go with tile and hardwood.