To add to some of the comments here, seller's financials are only a small part of the due diligence and are often close to worthless if self-managed.Consider the following:Three furnaces that are past the end of their useful lifecycle will have more of an impact on your returns over the near term than current leases, yet you don't ask for HVAC maintenance logs prior to making an offer.You will be managing this property going forward, not the seller.  

The miracle morning routine is what I do every day now and it has had a huge impact on my growth as a human being and an investor.

As Brian and Doreen already mention, just putting it in a different way... make the decision only after you see the impact based on two aspects (1) the larger picture of your portfolio, income and taxes and (2) the impact to the IRA in terms of cashflow needs for the property.With regards to the DOL PTE 80-26 exemption, please use this as an extreme last resort as there are many a documentation that needs to maintained as justification for the DOL and the IRS (more than the requirements of any custodian).

[T]herefore such a practice would violate the Fair Housing Act.”because blacks and Hispanics commit crimes and go to prison at much higher rates than whites, a policy of automatically rejecting applicants with a criminal past will have a “disparate impact” on different racial groups

We have earthquake, coastal, environmental, you name it, and plans have to deal with it, so very specific to each lot. 

Its an excellent resource.I enjoyed our time together last week - I'm glad it was impactful for you.

That is one of my concerns though, and I am trying to get more data on the impact of economic downturns on these types of properties.

I curious what all the fees are, I am looking at properties in other parts of the country, and Cost to close can have a huge impact, I need to be educated, Please Share.

Hello,I was wondering what is the impact of rental income on your modified adjusted gross income (MAGI)?  

I agree with the important points raised on the long term impact of damage and of vacancy.