Check rentometer.com and see what is says.Better to wait for the right tenant than accept a sub par one that doesn't pay and tears up your place.

The amount of poop, wear and tear and liability is not something I’m cool with.

Also they cant charge you for wear and tear only damage. 

But definitely cost effective given the alternative to jackhammering & tearing out old pipes. 

Some like 2 bedrooms properties because it will have less people living in the property and hopefully less wear and tear and others like 4-5 bedroom properties because they will collect more monthly rent (hopefully). 

How tenant leases are structured shows who pays for what etc.The property might be a tear down on an older building if location is good.

I've come across two this year, both grossly over-priced and so much deferred maintenance that I would have considered one a tear-down. 

Sometimes the best way to make money off of the purchase of a property is to tear down the existing building and build a new one.

I have decided not to pursue conventional higher education (i.e. college or tradeschool) I have no aversion to hard work but would rather utilize my blood sweat and tears to make myself money, not somebody else.I am fully aware real estate is not a get rich quick scheme so I'm coming to the forums to ask for any advice on what vehicle of real estate investing I should pursue...

I put that the reason for this is because: significant repairs beyond the normal wear and tear (then I list ALL major repairs) and sometimes I have purchased homes because of a divorce and the home needs no repairs.