If half of the jurors in anyway think he has some right or is giving the good fight to the "greedy blood sucking landlord" anything is possible with the outcome.Example...take your exact situation and a Jury trial in Beverly Hills.

They tried saying that child molestation was a "victimless crime", which made my blood boil.

I currently invest right next to Wauwatosa "Tosa" as the city of is a bit rich for my blood.

But I'd love to hear how you enforce dog-poop rules without creating bad blood.

These type of people usually go from city to city looking for new blood.

I am good with business being business, and blood is thicker then water, so I don't have a problem with working with family, but I know how people get about money, and don't want to loose a good friend over a bad deal.  

I know that real estate is not a "get rich quick" solution, but something that will take a lot of time, passions, blood, sweat and tears.

   " I only buy for cash flow appreciation is just icing on the cake"that mentality has led many undercapitalized folks starting with their first rental house.. the banks may require some reserves when the loan is made then they do what most other red blooded Americans do and go buy stuff  LOL   not all but many. 

Blood at Blackwell realty ( also my property manager) and I'm currently looking for a duplex that cash flows. 

There are bigger funds out there who I think just want a portfolio of stable cash flow properties, even if it's only 5-6%, it works for them, not for me.I consider myself a big fan of contrarian investing, buy when there's blood in the streets, avoid the feeding frenzy.