There were a lot of seasonal workers, but there were also year-round people who had to rent in another town and commute - and we're talking in ice and snow for a good part of the year - because there weren't enough rentals in that little town.Don't write off CA without doing your research. 

He was later deported as a criminal alien through ICE.

Like Inviting Ivory(SW 6372) or Jersey Cream (SW 6379).

It didn't turn out so bad for me, free education, promoted from E-1 to O-3 in under ten years, Did I mention I get to drive a 13K ton ship through 20 feet of ice in Antarctica!

And since most people prefer to do less effort for more money, you can expect the number of applicants to be small - and with that, you can expect that the chosen one is very unlikely to be the cream of the tenant crop ...

@Joe Villeneuve@Bob Bowlingyou guys are both right... in the mid west markets were appreciation is icing on the cake and rarely if ever happens and actually depreciation of rentals is common.. then of course buying negative cash flow would be financially unwiseIn CA ( the better areas )  negative cash flow is perfectly fine as appreciation over time and super hot rental market will over time out shine small monthly positive cash flow amounts.

---------------------------If you do decide to provide a fridge, I would recommend avoiding one that has an ice maker.

If that happens to occur, then that's just icing. 

v=ITtlxjvLQis (creative homemade ice chest air cooler)Something to note, make sure the electrical circuit you plug the AC unit into is rated to handle the number of amps that are drawn on it.

So its more than just Appreciation is the icing on the Cake its an integral part of creating wealth in Real Estate..