I've had a couple of minor things come up where I needed a local person to help out since I'm 4 hours away.I take the family down frequently, so we are getting a lot of use out of it when not rented.

But I guess my confusion is that I listen to all of the podcasts and wholesaling is discussed quite frequently.  

We do rent projections based on no less than 10 years and this makes the rental business exciting and fun.Don't think you can see inside tenants' heads so you can determine factors related to increasing profits.I don't disagree with you, however, there are a couple of factors that are more subjective than objective:1- is it possible that your rent increase that caused more frequent vacancies?

Major hotels will upgrade their rooms, bars, restaurants and casinos frequently, sometimes every 3-4 years.

I seem to always have one tenant that is fairly frequently late but I only have 4 properties, so one I can live with it.

She and my late-wife frequently talked about her (my daughter) buying (or renting-to-own) this house when we (planned) to move to a smaller Patio home.

The third party is frequently a prospective purchaser of the landlord's real property containing your premises, or a lender who will be secured by an interest in that property.

How frequently are they being used.

Families will change homes less frequently.

If you're looking long term know that products frequently discounted by mfg so might not be able to replace /repair in future before it's worn out...