The quality of the sub-market....crime, schools, access to public transit, etc.

While this particular property isn't strictly an investment, it's definitely been worth it from a quality of life perspective.

The key is being honest with yourself and pick equal properties in location and quality. 

Obviously this system is not perfect but it is a good speed bump for a new investor.

The repairs were done by quality engineers and remodeling crew.  

It currently serves as a 2 unit property and has all the qualities of a well maintained duplex.

In any event, we'd much prefer to rent from mom/pop owners or investors like yourselves who either self manage or use a quality local property management company.

You can also consider other ideas like buying a high quality air filtration system or suggesting to the tenant that he consume edibles instead of smoking it.

Even if she doesn't have the floor installed right and used cheap materials, you would have had to replace the carpet, anyway, and I would not 'lord' over her about the installation and quality.

low quality schools, but since it's a 1 bed / 1ba I don't imagine my tenants will have children.