We would eventually also like to look at investing in a beach property, we are quite fond of the Gulf Shores, Alabama area.  

Tenancy is a more temporary relationship. 

Agree with you @Sharef Masarwa Staten Island has a lot to offer on the North Shore.

Were the late payments far enough in the past that they indicated a temporary problem that is now resolved, or are they recent and indicate a deteriorating financial condition?

As a comparison with how crazy it is, there is a lot near Gandy and West Shore asking $700K and  they are tearing down perfectly beautiful houses on Davis Island for $650K to build $1.5million + dollar homes.

Ticor, Fidelity Fatcoetc etc. its only on the East side were you have all these little mom and pop closers were you really need to watch out. or the off shore companies that have taken the business to India.. these are frustration as well

I'm still glad we made the move, these are just temporary tenants.

We do have one agent who splits time between Cleveland & Chicago but that is more of a temporary arraignment and he has his personal home and rental homes here in Cleveland just commutes back and fourth.

Looking for recommendation for CPA w REI experience (I do fairly simple REI stuff: buy/holds and flips). thx Dave

. - Prop 13: My family suffered from this big time on a property on Gulf Shores Alabama.