If the water pipes are properly winterized they should be blown out with air as there are often low spots that trap water which freezes.

Because acquisition agents are incentivized to keep acquiring property which fits their model, they often focus on the same areas—essentially turning entire neighborhoods into a rental complex.

Most places do a flat fee for move-in...which means they'll make more money by getting annual turnover.As for other areas of the country (like Washington State), it's often 100% of first month's rent plus 10% monthly.

Too often the margins are just too thin for most people.

The bank I used believed this rule wasn't applicable because once most leases were up after 1 year a number of tenants would be moving out. 

@Chris Hayes it will be property dependent, but often times yes you can get an FHA or other government loan for them.

I am a private money lender and I work with them often as we refer back and forth.

[Similar to why having a mortgage that costs more than rent is often/usually still an excellent idea].Naysayers might say: but their value won't always go up more than the ongoing costs!

However the situation you’re looking at happens often regardless of that fact.

More often than not, tenants are begging for new leases before theirs has ended because they enjoy their home and they like working with us.When we do have turnover, we bring the property up to market value and start the trend all over again.