This thread is literally a danger zone for incorrect information to be shared I will say to clarify the miles/auto expenseDriving from your home to your rentals ONLY gets to count if you have a dedicated home office.

I believe that any city on the list of the 100 most dangerous places in America will not be considered a desirable location.Another major economic factor for Las Vegas (and Nevada) is California.

"Push them into a corner", in my opinion, is a dangerous and burden-shifting concept.  

Some markets appear to be over heated:Home-Flippers Reliance On Leverage Rises To Highest Level In 9 Years Jun 8, 2017 11:15 PM“Home flippers financed an estimated $3.5 billion in purchases for homes flipped during the quarter, up from $3.3 billion in the previous quarter and up from $2.4 billion a year ago to the highest level since the fourth quarter of 2007 — a more than nine-year high.”The explosion in home valuations in urban markets like Brooklyn, Washington D.C. and San Francisco has inspired real-estate speculators to search for the next big score, with the highest percentage of home flips completed with the aid of outside financing occurring in Colorado Springs, Colorado (69.3 percent); Denver, Colorado (54.8 percent); Seattle, Washington (51.6 percent); Boston, Massachusetts (51.3 percent); and Providence, Rhode Island (47.3 percent).Matthew Gardner, chief economist at Windermere Real Estate noted that escalating home prices in Seattle forced flippers to rely on financing their purchases.

All too often on BP all that folks look at is the cash flow on day 1, and then ignore everything else, which is really dangerous IMO.

Survivorship bias is a dangerous thing to build an investment thesis on.And you might be right about a neutral observer seeing opportunities differently.  

At this point, the money I make as a landlord is getting dangerously close to the money I was taking home from my W2 job as an entry level architect in training in downtown Hartford.

Call them back promptly and don't act like a big shot (something that you do not seem in danger of. 

Not that financially astute folks can't work with CC, you certainly can but it is dangerous for most newbies, IMO.

What are the potential dangers to this strategy?