Reduced Risk:CityFHEPS tenants undergo a thorough screening process, which includes income verification and background checks.

I agree with everything @Devin De Lange said and would add one additional factor to consider.

What can we realistically expect from a builder in terms of closing cost assistance and/or rate buy-down I would never buy a new build at full price and count on zero cash flow. there was a guy who bought one and it doesn't cash flow and he's counting on appreciation. you should at least look at multifamily and in addition look at building your own.

Also in addition to what @Lucas Carl said, have you looked into licensing requirements to be a PM for someone else?

@Kathy Kifer - I would add additional platforms: Airbnb and Zillow to get more traffic on your medium-term rental.

But certain areas like mortgage lending are hurting, bad, and we are seeing areas of additional risk-taking to try to make additional $.

IN ADDITION once you do have the complaints in writing, section 'Disputes' in your agreement REQUIRES you to attempt to find a solution with the problem Tenant before escalating.

In addition, the "buyer" is the county sheriff so in essence, I'm fighting a battle with a local cop while I'm the outsider! 

Building (additions & alterations) - review your condo declarations and bylaws. 

Right now, you are investing and aren't paying additional tax--think about that.Also, one little explained aspect is the carried over PAL is also useful to reduce your taxes when you goto sell.