The only thing that comes to mind may be insurance-related, so I'd recommend speaking to your insurance broker to see if the cost may be different due to fire damage could damage more units at a time.

The rental income would offset the PITI of the new property to $0 (assuming the rental income was high enough to do this). 

You can also check their reviews online at Google, Facebook, or Yelp.

Recommendations? 

Does anyone have experience investing in Davenport, Iowa or have recommendations for a realtor in the area?

You can also check their reviews online at Google, Facebook, or Yelp.

I promptly applied for a no-plan mechanical permit online the next day.

You can certainly raise money but I wouldn't recommend this for out of state investments as your post suggests.

Lower Returns on Investment (ROI): With limited ability to raise rents, the potential for high returns diminishes, especially in markets with rising property prices or inflation.

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