Petersburg for over 30 years, I can attest that the last two big hurricanes caused significant damage, but they were the first in a long time.Condos and townhomes tend to perform well, especially if they're located on the Intracoastal Waterway or within 3-5 miles of the beaches.

Managing a team remotely can be tricky, and if they don’t perform well, it could become a headache you don’t want to deal with.

I invite you to perform the exercise and find what your cap ex allocation should be.certainly $50/month for maintenance/cap ex and misc is not enough and this property is definitely cash negative when properly allocating for expenses.  

This is purely anecdotal, but I've noticed that the top performing properties in my area lead with an exterior shot.

We have had voucher tenants in two separate markets and have found them to be our top performers overall.

If this fails, then perform a land trust strategy.

Than maybe with adjusting the vocabulary to REALIZED performance and UNREALIZED performance, we can start correcting understandings. 

Start by leveraging your skills to identify undervalued properties, perform cost-efficient renovations, and build sweat equity.

Some of the best opportunities can be found in other regions, particularly in markets known for strong rental performance, stable property values, and tenant demand.

It reminds me of the Charles Schwab study - their best performing retail investment accounts were from dead people that never closed out the account.