@Bryan Thomas The fundamentals of REI don't change all that much so you should be OK with the ones you've found. 

But that's highly dependent on your locality and you should consult with an attorney.Regarding how much extra security deposit you can ask for legally, that's definitely a question for your attorney and will probably depend on local laws.The fundamental problem here seems to be the income pool of the market you're in -- if people can't afford the rent, then you're either priced above the market, or you have a market that is very unstable due to the prevailing employment conditions of the people living there.

And, yes, if there are additional referendums in the future then the tax rate can go up again, but that's a fundamental risk of real estate investing in any community.

I'm happy to invest in improvement, but concerned about fundamental issues with the buildings that may be more difficult to address. 

If you figure out finding off-market distressed properties remotely, then the rest is about effective delegation and all of the project management fundamentals (risk, scope, budget, communication, etc).

We look at this metrics (among others) as fundamentals that very much so indicate a healthy market (healthy location) where not only there will be high demand for rental units but renters will actually be able to pay rent and even pay a premium for more modern (or renovated) units, giving us the opportunity to add value to our properties that way.I hope this helps.

A fundamental component of being a successful real estate wholesaler is understanding the laws governing the conduct of real estate agents and the laws that govern your conduct as an unlicensed individual.Do your homework.

The problem appears to be the fundamentals impacting ROI.   

A: The ADA does not require covered entities to modify policies, practices, or procedures if it would “fundamentally alter” the nature of the goods, services, programs, or activities provided to the public.

I invest $100K in it as an LP, giving me a 0.5% share of the property.The investor summary predicts the following NOI:Year 1: $1MYear 2: $1.25MYear 3: $1.5MSo given my 0.5% ownership stake, does that mean I would be receiving a K-1 showing my income from this as:Year 1: $5,000Year 2: $6,250Year 3: $7,500If we continue the example and say that I receive an 8% dividend each year, then my actual profit each year would be:Year 1: $8,000 - $5,000 = $3,000Year 2: $8,000 - $6,250 = $1,750Year 3: $8,000 - $7,500 = $500This tells me that I must be missing something incredibly fundamental in all this -- that one of my assumptions is so egregiously wrong that it invalidates literally everything else.But what?