What is advantageous is someone that is good at underwriting and unbiased (only analyzes the deal based on the underwriting without other emotions).Note i have a fair amount of experience and plan to place a competitive offer tomorrow that the underwriting dictates not placing a competitive offer.  

As part of the short sale process, the lender will have an appraisal/BPO of the property to determine its current fair market value.

We are fair housing compliant regarding animals.Our tenants’ safety and the peaceful enjoyment of their home is important to us, so we do a credit/criminal background check on all applicants aged 18+, as well as employment and prior landlord verifications.

You can combine a bunch full-time of investors together and would be hard-pressed to have a repeat of your story with a car crash.

The ordinances only apply to city limits currently so you’re probably fairly “safe” in the county.

Thanks a bunch for posting your experience and keeping us updated.Keep reporting your success and/or failures so others can benefit.

You've probably heard of big Landlords losing property, but only because they were flagrantly violating Fair Housing, running a slum, or otherwise violating the law in an egregious manner.

Cities don't play fair when they decide to go after you.One thing I would also suggest you do is look on AirBnB for the specific building you want to buy in. 

The most recent job fair featured over 20,000 open positions.In ConclusionWhile nothing is guaranteed, the combination of population growth and limited land for expansion virtually assures that prices and rents will continue to increase.Thanks for reading my post.

If you ever had to fight the government or insurance company you would understand how fair these STR platforms are.