There are nightmare stories but most of the CA investors that I know haven't had major issues.

Alimentation Couche-Tard, the parent company of Circle K, has made an unsolicited offer to acquire Seven & I Holdings, the owner of 7-Eleven.

So our standard two story is 9ft on both levels. our single levels are 10ft and higher with large vaults and really cool beams in the great room and the primary.. 

For anyone starting out in real estate, I hope my story gives you a sense of what to expect (the good and the bad!)

It drives me crazy when I hear these stories preventive maintenance is what should be practiced and discussing all avenues of the deal and the borrowers docs in advance.   

I have a friend out of PA that sets homes in the tri-state region and I can recommend some manufacturers up your way but need to know more particulars of what you're looking for, as in basic ranch, one story/two story, etc...

Also im pretty sure he promotes section 8 rentals and gives you a story with rose colored glasses.

For instance we are raising rents now because we put in a laundry facility.Morale of the story is to close on a deal quickly, then be the go to guy for off-market deals by doing what you say you'll do.

We have all heard horror stories of it happening and in these horror stories it is not the host’s fault.  

We have increased our monthly rent to price ratio from your ~0.75% to 1.1% but the leverage ate up all the extra cash flow (even if the total return is likely higher).You could be a cash buyer and go from your one property to 20 and cash flow 20000/mo but you are still having to buy and manage 20 properties.You can do better on the total cash flow in other markets or rougher neighborhoods, but the story is similar: you are getting an extra ~25-35% in income for 20x the hassle.