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This is for the purpose of having a strong foundation that will minimize risk from any “Black Swan” event and will also increase your long term cashflow.When investing in real estate or business in general, one should always look to protecting the downside first before looking at the upside.Just my opinion 🤷‍♂️Regarding your $50,000 budget for turnkey.It will mostly be C or D class which I would advise against.High crime, lot of volatility, unemployed tenants and property management collects rents with a bullet proof vest and shot gun.On paper things look great, in real life they are much different.On the other hand, if you DIY in a markets like Ohio, Michigan and Indiana.You can definitely be into a B class asset for $50,000 purchase and rehab.Wishing you much success

It was month to month.I gave 30 day notice that the rent would increase to market rate, and he could move without 30 day notice if he wanted. 

When I went to rent the house out, I kept the house fully furnished, which increased the interest.

Buy Box / About Me: 1) Class B+ or A area 2) long term buy and hold 3) Seeking cash flow and appreciation (fine breaking even with rent if long term growth exists) 4) Good school system and economic growth in area 5) seeking area with young family and rental demand 

Many people are rushing to legal remedies and that's a bit premature and could only increase your losses.

What changes would you suggest in terms of increasing landlord participation?

I like the Franklinton area, mostly because I see the potential and feel that rents and home values are only going to increase. 

A lot of people seek the midwest for that reason.

I conservatively estimate illegal immigrants are occupying at least 3% of rentals in our country, twice as much as vacation rentals.Supply is low, which increases demand.