With such a thin monthly cash flow you need your numbers to be perfect, and if things end up being higher after investing well then your cash flow might disappear. 

There will be a down turn and that can disappear quickly.

, all that deferred gain disappears!

That premium you are getting disappears with some of the major components being at end of service life.

If the infrastructure is based on tourism and the tourism decreases/disappears, that dramatically impacts the housing market.

On December 1, a tenant abruptly moved out with no notice.  

The court also ruled that any new owner (should the course sell) would also be subject to this deed restriction and that the new owner would not be able to challenge this deed restriction.Many home owners were concerned this land was going to be rezoned and developed after the course was sold to new owners and abruptly closed with no notice to employees, HOA's, or surrounding homeowners.

I cant comment on much west of Painesville, but I do know that Perry is going through some turmoil with the power plant on the verge of closing so that area may become a bit more depressed for a few years if the plant closes and 700 jobs disappear

Crime is pretty crazy just south of the park, it basically disappears at 7 Mile(hence why that judge being shot there was such a big deal last year).

Eh, I think you highly overestimate the locals desires for all those things... just as many of them wish they oil people would pack up and leave so the cost of milk returns to normal, the traffic disappears, and they can actually get into their favorite restaurant again.