You might have 8 months of collecting "profit" and then have one bad incident that demands all of that "profit" and drives you a couple thousand more into the red.On a property that's generating a healthy $500-$700+ profit a month, I'd either be driving it back into the property to fix any immediate cap ex threats or saving half for a future investment, and half for padding the emergency bank account

I have a demanding full time job, so I really won’t have much extra time to work for a broker, even if part time. 

We get a few inquiries about furnished apartments-traveling nurses for example; but it just is not a consistent enough demand to cater to the 'furnished' market. 

Can you imagine walking into a car dealership and "demanding" they sell you the car for a 17% discount?

And with multi-units, they are in high demand, I have come across many listings in which one price is asked for but when it comes to bidding it jumps up almost 10k. 

Often times they demand the $10,000 up front in a non refundable deposit, so that if you back out they are still covered.

On day 6 you can send a demand letter that in VA we call a 5 Day Pay or Quit.  

I'm in an extremely high demand area with little inventory so no one ever complains. 

I like to stay local and self manage, so all my properties are within 20 minutes drive from my house, most are actually within walking distance. 3-4 bedrooms seem to be more in demand than 1-2 bedrooms.

Wanted to take advantage of high demand Class A rental market & avoid competitive Spec Build market.