It comes down to 3 things...Screening, screening and screening I can't stress that enough make sure to ask prospects the right questions and also verify income, job history and rental history.I used to check people's social media for extra due diligence.

Always charge extra for pets as they tend to cause damage to floor g and baseboards. 

What I'd like to know is if it'd be prudent to take out about half of my equity to pay off my current debts because doing so would free up over $500 extra every month to save for future investments.

Like mentioned above keep your eyes peeled for something you can improve or see creating the extra value possible in SD.

Elderly owners mean they can't care for properties and moderate income folks have difficulty in maintaining properties.

Although tax deductible, the extra expenses are still expenses for llc.

Doing so would free up over $500 extra every month to save for future investments.

When buying drywall or kitchen cabinets it is worth the $20 to deliver plus you add a few extras to the list.

Buyers for such low end homes may have difficulty getting financing and demand may be low.

NN and also leasehold you better be getting a very high return for the extra risk.