So, not only will you need to find a suitable location, you will also need a extremely strong team that will be able to sustain the investment through the unpredictable nature of the city. 

It's NOT comparable, because every state is going to be different, as one state may have minimal natural catastrophes; whereas, another state may have floods, hurricanes, etc that are taken into consideration. 

What I would like to post again, which will help new landlords understand the nature of this business, is a piece I wrote many years ago, called the Tenant Phase.  

The definite nature of an irrevocable trust rarely makes sense when the nature of your future is not so definite.

The "lumpy" nature of real estate?

Naturally, though, a lawyer will give you better advice than me.

When you control a country's major natural resource, you maintain a lot of control over that country.

Naturally with a super I advised her he made my repairs.

In fact, if it isn't on a street, it isn't going to have traffic noise, which is a plus to me.There isn't going to be on street parking, so be sure it has adequate parking.

As time passed, letters started to dribble back saying these people died a natural, merciful death.