I don'y buy for appreciation (its icing on the cake).

If the tenant slips on ice on the front sidewalk on a property owned by me, and decides to sue me, he can go after my personal assets.

I would put them on all of them, especially if its a rental. you do not put one there and come winter with some ice on the steps, Lawyer sees that, they will have a field day.

For example, I heard one local RE professional say that Jan/Feb are especially dead for rentals in OKC because there are ice storms.Thanks, interested to hear any thoughts on this. 

I'm not a fan of the linear markets probably for reasons you'd agree, but I certainly do love cash flow and appreciation is the icing on the cake for me.

Been thinking about renting three of my vacant upstair rooms and or buying another ice bedroom home and renting out each room.

However, there are always the "know-it-all" 2005 mindset buyers who because they "Think" they got a deal one time or because they have purchased a few houses in the past, refuse to listen to good advice and take off full speed running out on the iced over lake and....SPLASH!

When leaving the old and applying over it, thats kinda like putting whipped cream on dog #$it.

that looks like a natural gas parlor heater.

Key is to buy a home in top end neighborhood not get sucked into low end inner city Ghetto type environments... this gives you the worse tenant base in the country basically and your issues will be magnified.. buy in an area were your rents are in the TOP 20% or so of the average rent and your creaming the top 20% of renter pool... if buy were the rents are in the BOTTOM 20% of price point your dealing with the least stable.. the tenant is what makes and breaks you.BAd PM of course and there are crooks in the PM business as well as some very good operators.. just need to make sure you vette them well.