Depending on your investment strategy and your tolerance for risk and/or drama, this property could be a nightmare, or it could be very lucrative.

I do have a frank conversation with my tenants and let them know that I do not tolerate foolishness.

They said "eighty percent ... were good or average, 10% were pains in the *** but tolerable, and the other 10% are the one's were writing the book about."

Since she'll probably not leave for another eight years, I'll tolerate it, but I don't prefer it.

He does not tolerate feedback well and has a low tolerance for any questions which counters his image or message "well, i have been doing this for 35+ years so I know. "  His realtors (particularly in OKC) is error prone (rent estimate), indifferent with their 1 line email replies, and acerbic.

It all boils down to goals and objectives, risk tolerance, and then your opportunity costs. 

We also know the end of lease games people play to avoid paying rent, and we will not tolerate it.

Your entity choice is going to be heavily dependent on many issues including:*your other sources of income*retirement goals/retirement plan contribution goals*partnerships/lending/source of equity*your tolerance for recordkeeping, handling legal requirements, etc.

Other people have a lower risk tolerance.

While this may be tolerable at first for your other tenants, I can see it becoming a problem.