Inverse relation between appreciation rates and current market RENT/market price (AKA "2% rule", etc.) is a whole other thing, but that is a holy war that I don't feel like fighting at this very moment ...

We can talk financing capabilities privately!

A strength that I would have coming into the game is that I am a handy man, capable of almost any repair in a timely and very cost effective manner.

Although we constantly fight for lower prices and less expensive labor maintenance is expensive.  

So you have a landlord from hell- why not fight fire with fire?

Well I am here to share my experiences and learn from the real estate industry experts so we, together, become more capable of helping more and more families improve their life styles. 

@Mohammed Mallick, pros:  buying in bulk increases price leverage capability, drives total cost down possibly, greater cash flow, if bought correctly than more equityCons:  bigger down payment, more possible problems upfront, more tenants if you are new to managing or investing, harder time finding lender to do 10+ houses.You have to do what you are comfortable with.  

If the PM keeps fighting you at every turn.... even if it is advice of 'wisdom and experience', you may have to find a new one.  

Alongside 5 other capable friends who are from my school and also in my general industry (think starting salaries in the 80-110k range with very high expenses due to our location), we are researching next steps in purchasing a rental property.  

A local experienced architect recommended hiring an attorney to fight the code violation.