I'm not a fan of investing in small properties located in areas that are not familiar with unknown managers.

If its an occupied property you need to factor in eviction costs/time and you will likely have no interior access so rehab costs are a complete unknown.

We have a termite bond company that identified old activity (unknown how old) but not active and wanted to charge $250 for a preventative treatment.Thanks

Are there any unknown openings that will allow critters to get in?

The extent of Chinese money is also unknown because we don't actually track the flow of money coming into the country.

From a distressed sellers perspective, why would they sell to a small unknown flipper when they can click on a Zillow "Instant Offer" and receive more money?

There are too many unknown variables moving forward.  

Many companies expect you to bring in an electrician at an unknown cost.

If it's the return you are more concerned with, you're probably looking at average 6 or 7 caps which may also be the case for many markets across the US, unless you want the higher risk that comes with 10+ caps like venturing into rough D class neighborhoods or go into markets that are much smaller, unknown, or worse  in population decline.  

Unknown how many additional were rented, leased, subleased in the year.