We found 2 houses in charleston that we bought as pure rentals.We know many people who have house hacked and rented out rooms, etc.

I have a condo in Washington DC and water damage from rain somehow leaked into my unit and damaged the floors.  

They don't want to get in hot water by not complying with someone who will certainly document their claim file with such infractions.Just check references and proper licensing. 

With management in place and appropriate holdbacks for cap ex, maintenance, taxes, insurance, water, etc it has cashflow of 900/month even as a pig.  

During the next rain, the roof leaked again (water was dripping through seam of the ceiling and pooling underneath the paint, causing it to bubble).

One tenant took 12 hours to tell me that he had no water in the middle of winter.

Told the guy , have blankets , fill the tub with water , have flashlights . if the electric goes out and it gets cold , open all the faucets to drain down the house .

It doesn't get any better than this..until you are snorkelling these waters, it is amazing! 

Pure and simple.

I have capital that has produced disappointing results in convential investments  I am considering investing 60 - 80 K all cash on a town home rental  this will give me a chance to test the waters and see if I want to go bigger  jay