If you are in an inexpensive area that is growing, you can often get both cash flow AND great appreciation.With that in mind, I thought it worth sharing this fresh US Census data.

@Khalid Bryan another option if not affordable rental properties is if you would like to try the BRRR method I would look for properties that are not moving ready or maybe the condition prevents them for qualifying for an FHA loan or low down conventional loan, and do the necessary repairs to make it safe to live in clean and fresh.

Remember, your expenses will likely be low the first couple years if the place is freshly rehabbed, but it won't stay that way. 

I still feel like investing in vacation rentals can be an outstanding investment, but you've got to score a good deal when you buy, and you cannot be counting on a fresh buy for much, if any, positive cash flow unless you scored a crazy good buy.  

The first unit has ~75% occupancy but mostly because I take it off for a few weeks in low season to go through everything, fresh paint, etc.  

A fresh channel for each property.

If not, kindly move him out and start fresh with your new building and new rules....

Since you've already just busted this whole thing apart, I'd send her packing and start fresh with a good tenant, get the painting done and get your expectations correct right out of the gate.PS: A 2 year lease is worse for you than the tenant.

I’m Yoav Thomas Lawrence, originally from Israel, bringing a fresh perspective from the Israeli real estate scene to the Cincinnati market.While I’ve got some solid experience back home, I’m totally new to the U.S. market.

A house doesn't go from 70 to 50 in a few hours unless they open their windows to enjoy some fresh air.