“The effective premium that tenants pay through late fees is a systematic penalty that the lightly regulated rental market inflicts on those who are economically fragile, not dissimilar from the interest rate penalties that subprime lenders inflict on those with previous credit challenges.”I love this.

Example can lights or a remodeled bathroom.The issue is the house was remodeled like 5 years ago by a flipper and possibly has been remodeled several times.

So they set all of the gold cars they saw in the parking lot on fire.No caption necessary for this toilet from hell.This is what a kitchen can look like when a low income tenant moves out of it.This is what a backyard can look like when a low income tenant moves out of it.If tenants in these tough neighborhoods don't have yards, don't worry they will light off their fourth of July fireworks in their bathrooms.Don't worry though.

Bought 4 light fixtures and 2 had glasses broken. grrrr.

In light of that then any option espoused by someone that involves you immediately incurring a potential $250,000 tax bill like selling and cashing out or selling without a tax mitigator like a 1031 or the establishment of a primary residence is not doing you any favors.The world seems to have forgotten but I still see a lot of people everyday working in Publix who were once paper millionaires who kept putting 20% down. 

I'm curious if someone can shed some light for me.

I had some vacation rentals that were EXTREMELY profitable near a large corporation in a 1 street light town.

The low hanging fruit deals with light rehab and low margins are for the weak ;) Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

So hopefully the Bigger Pockets community could shed some light on this. 

The topic of agents is a topic that will keep in the lime light they will be lees less need for them .