I do own two triplexes in Scranton, and I will say the one issue is that you are going to be taking care of the utilities normally if they are not on separate meters, which could take a good amount of money away from your overall cash flow. 

Risks include market fluctuations, property damage, tenant issues, and unexpected expenses.

It’s not just for large portfolios, an LLC can protect you if any issues arise with tenants or the property itself.

small portion" of profit is not worth the possible legal issues.

You can sell a property with tenants with no issues the only thing is you wont see as good of a price for the property since it will likely be an investor purchasing it.

I especially liked Matt's process of creating my business plan as it forced me to really think about it, get it right and make it easily understood by my clients.His process for the offering also made me think about transparency and other ethical issues that are required by law to be disclosed in the offering.

But occasionally we have issues and tenants need to be asked to leave or just decide to disappear in the middle of winter and it sucks.The worst part is I find the quality of tenant interested or willing to move this time of year isn't the greatest either - often times there is a reason they have to move right now since most landlords don't like ending leases this time of year.Either lower your rent or just hang in there.

One of the issues I have noticed is that some people think of a flip house as being the cheapest possible rehab. 

This takes care of most of the issues.

Beyond immediate safety concerns, the long-term financial implications, including taxes, are a pressing issue for those impacted by the disaster.