With lower cash flow per month a couple vacancies or one bad tenant and you can lose all the income.

I tell all my buyers this when they lose out.

@Paul Bergagna To cut it short and sweet, yes CT has a problem but it should not be treated as the "sky is falling"The main issue, after taking a Market Analysis course in CT, is that we are losing our "good" 100k+ jobs and replacing them with 40k jobs.

Sometimes the deal can be so good you can't lose money. 

Not sure she will lose her foot.

@Steve Redd - Find a deal that won't kill you if it only breaks even ( I don't believe in aiming to lose money, lol) or partner with someone so you can be along for the ride.

Looks like they may lose out on that idea. 

His response: “will have to do repair on my schedule sorry”- I start losing my mind.  

A handyman landlord working with minimal help can do good work in these places, stay on top of things, and keep perhaps ten of these tight little ships running with practically zero outside labor costs eating into his profits or excessive time commitments, while he does modest, leisurely little spec rehabs and occasionally larger live-in flips anywhere he finds deals, accelerating his timeline to  pay off his street of moneymakers. 

Your tenants will appreciate the kind gesture and will hopefully not lose their keys again :)