Your point is correct that Forbes is wrong in using the two averages to draw their conclusions. 

You should never buy these properties without deep, deep pockets to back up the buy, AND the connections to get the people in to fix whatever's wrong with it that you can't fix or learn to fix yourself.The other problem is that banks won't finance a mortgage that small at their normal rates, and it's really hard to get insurance on these properties before they're fully renovated.

As far as I know (and I could be wrong) there isn’t a specific sub group devoted to strictly notes.

There is nothing wrong with that, you can always do deals on your own in the future too. 

Our current renters are a lot better, and they keep the apartment a lot cleaner.Another thing that I learned about myself is that I do not like the stress of knowing that I have to take care of anything that goes wrong.

Whenever something broke or malfunctioned, I would take it apart in my garage, research what's wrong and try to fix it (or at least give it a good effort before asking for some expert help).

@Brandon Hall correct me if I'm wrong, but for the 2018 and beyond tax years, the LLC now does make a difference, as it could be subject to additional pass through taxation reduction- as well as needing to make a choice on how the deduct mortgage interest.

What’s wrong with Tucson?

Nothing wrong with either scenario,but you will definitely be limited.If you’re goal is to own doors and more specifically own them without investors you need to be ready to pull the trigger.

Think of all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.