Traveling to SE from NYC is inexpensive compare to Midwest or West coast. 

If the tenants destroy the property, then they could loose their benefit (at list that's what the Sec 8 office told me I never experienced it) Also Landlords are allowed to give surprised visit to applicant's current resident prior to approval and if the property is kept in bad shape or they don't allow you to enter and inspect, then you can decline the application.

It appears that short-term corporate rentals (i.e. at least 30 days, but no more than 3-4 months) tend to have higher returns (principally in terms of monthly cash flow) when compared to traditional long-term residential rentals.

However, again managing my father's 4plex has been.... very, very easy compared to what I hear on these forums.

Prior to considering to add any appliances, you need to do some research as to who is a potential tenant for this property?

How hard would it be to replace the location and rent they are currently paying with another comparable unit?

Depending on the area you will rarely get a realtor that will just give you first dibs at a property unless you have a prior relationship with them.

But can't compare apples and oranges. 

Prior to 2008, I structured a bunch of line of credits on commercial assets, however, now, LOC's are essentially non-existent on commercial properties no matter the asset type or the geographic location.

Hey @Sean Beksinski there’s lots of prior posts on here about these seminars.