Do these Tokyo meet ups still occur?

While you may think three claims could never occur, what happens if a bullet passes through the a home and kills someone and the tenant decides to sue.

I read it like that occurred after they had grown to do 50 in a month. 

More than likely your responsibility unless the tenant subjected it to a nonstandard use which caused the break to occur.

My experience has been that this only occurs when a 'turn key' provider over-rents a property in order to sell it to an out of state investor.

He may have contractors in the area, and or realizes that price appreciation is going to occur.3.If the property is held in a retirement account, no tax will be due on the interest payment received, either Federal or state.  

I love buying new houses for rentals, but I still prepare for what will occur. 

The thought occurred to me that since my goal is to build a cabin, perhaps it less important which city/area I choose.

You will need to supply 2-3 quotes from different General Contractor's or licensed builder for all work.Some things that can occur are builder/vendor issues with lack of inventory, broken material, employee "no shows", date of completed work extensions, bad work, additional costs not factored on blue prints or cost analysis, delayed permits.Keep in mind any delays or issues will slow down your clear to close/funding date.

When the next major economic event occurs, that is when we will see what is important.