For me, the pain point of finding reliable help is alleviated when someone genuinely wants to learn. 

So many times my Property Managers told me stories of tenants behind on rent due to job loss, drug issue, family death, you name it. 

This is sort of dead money because I am now paying a pref return on this money even though it's not being put to work on a count of I can only renovate units as they turn over.The other options are to renovate units with the property cash flow which seems like the wrong way to go about it - and that still doesn't alleviate the problem of property renovations eating into CoC returns though it solves the problem of "dead money".The last solution I can think of is to raise the money year by year as you need it which presents other problems.

This is a general guideline but it will differ a little by area.A - new construction with amenities in best area of town, often where professionals and wealthy people liveB - good neighborhoods where middle income live, generally house will be older but well maintained and few subsidized properties C - lower income, mostly rentals, a lot of subsidized like section 8, etcD - dangerous, graffiti, drugs, boarded up propertiesYou won’t find all classes in all areas.

@Stephen Neto Drug use, tenants moving people in and out, paying rent when they feel like it, etc.. are all hallmarks of owning rentals in low income areas.

@Jay Hinrichs - SEC 8 will let anyone live in the house, as long as they are on the lease, report their income, and don’t have any felonies or drug convictions.  

Seller financing is a like a drug and can benefit you or be a sucker punch.

I mean it seems to be the right kind of place because at night you don't see questionable behavior, i.e. prostitutes, drug deals, etc.

I have a part time job, it's giving pre-employment drug screens to people starting contract work at the above refinery.I would be very cautious about having a STR 1.5 hours away. 

They aint (yet) in Pennsylvania.Come on, illegal drugs are, well, illegal.