Non paying tenants(as a newbie I did no screening), dead tenants, Silly fines from the city for nothing, attempted robberies where I ended up with the cops pulled guns on me. 30 recently released convicts as neighbors for a while, a jacked up 7' tall transvestite call girl/drug dealer was my least favorite neighbor.

@Kyle Atans  or PHX when building stopped dead cold and they deported half the construction workers who happened to be 80% of the tenant base.. same with central CA building stopped  no deportation though :)I just bought in Vegas for semi retirement and tax purposes I kind of like were it sits now.. but no question your timing of that market was impeccable.. !!! 

I than thought it was tenants, all the "what if's"; what-if they have a fire, what-if there is a shooting, dead body, drug raid, break-in, squatters, feces art, etc etc etc.....   

Quote from @Chris Magistrado: Hope this thread isn't completely dead, but I wanted to weigh in my views for investing in Italy.I've been living here for almost 2 years now, and have been spending time trying to understand the market more.

Quote from @Jordan Sachs: A dead tree from the property next door fell on the garage of one of my properties.

Nov / Dec are the dead season.

However when it publishes to websites for marketing it isn’t obvious that I’m renting rooms not an entire house so I get a lot of dead leads.

I definitely am leaning toward the first application being the one for me, and I appreciate the advice to make sure it is a good tenant in addition to just being a flesh and bones human who (might) pay me the rent on time.One of the advices I read above was to be a bit less discerning perhaps and get someone in the door for 6 months at a reduced rate, and then find my golden tenant in the summer.

BOI reporting is not dead at this point, and it is likely to be appealed.

I'm a 30 year old husband and soon-to-be dad in a dead end sales job in Alabama.