Can you build a house of cards missing a couple of the cards?

I've had two DSTs for a couple of years now, but recently one of them just announced a dividend reduction.

I do know none of it is brand new. 

I’m sure it’s probably not a get rich scheme but you could probably earn a solid couple hundred dollars a month per unit once they’re rehabbed.

I rehabbed a couple of kitchens this year and used Sherwin WillIams paint then bought new hardware at Home Depot.

It’s easier just getting in contact with the top couple of hedge funds in your market which is way easier than most people think.

Moving out sooner will trigger questions but most lenders require an explanation (i.e. needing more space) and they move on.A couple of thoughts that come to mind:1.

I invest and help others invest in Cedar Rapids, Iowa and know a couple neighborhoods where the tax assessed value is lower than other neighborhoods (same house), but just have a poor stigma/border thriving neighborhoods, so the spill over is and will continue to push into these neighborhoods.#4 You can take this questions 2 ways. 

As someone who is new to investment, I had a couple of questions to the community:- Which location do I pick for investment properties that would follow the 1% rule?

Our rent covers our mortgage plus a couple hundred.