I would think rents would be somewhat limited, vacancy would be high and it would be hard to find long-term tenants. 

You'll probably feel safer with a multifamily that spreads out your risk of even further vacancy loss.

I EXPECT that my tenants in C/C- properties will occasionally have issues that prevent them from paying full rent in a timely manner and I have polices and procedures in place that allow me to work with these tenants AND limit my losses.

It was a bit high in what we could leverage funds for and after we close, our options will be limited.

Hello all. I've been interested in real estate investing for about 5 years or so and have finally decided to jump in and be aggressive. I currently have two rentals and am searching for my third.  I've also got a smal...

You will be exempt from 1/4th of the gain up to the limits of the sec 121 exclusion assuming that all units are identical and your accountant set up the depreciation schedules with those equal allocations.2.

My experience is fairly limited to one location, but based on that 15 year is the max. 

We brought a SFR with a newly installed roof but there were leaking from first heavy rain. The roof company came to fix it for many times but still leaking and then we were told that is the sweating of duct piping. We...

At this point, I prefer to have deals closer to home (Chicago area) though I realize that may be limiting.

Call the HOA to see if they have reached their maximum rental limit before you buy.