In that case, your rental income may decrease as more workers transition to lower-paying service sector roles.

I've heard nothing but complaints from customers AND their franchise agents reegarding the quality of their 800-number service center. 

You're financed at 100% and would be in big trouble if (when) ANYTHING went wrong....would the property even cash flow enough to service all of that debt? 

OP it’s a good idea as long as you tie the investment to the military or civil service market.  

Historically, full service management on the coast has been costly but in recent months management rates have come down and quality has improved.

The short version is that you must have a  Private Placement Memorandum (PPM) to show your investors and you must decide upfront if you will only accept accredited investors or if you will allow investment from non-accredited investors.  

We have seen maintenance costs skyrocket over the past 2-3 years and every case is different but here are some general guidelines for reputable (non-crackhead) investor level pricing in our area of operations:Furnace and A/C replacement with lineset for standard 3 bed 1 bath bungalow.

Good luck talking to the non-accountants about accounting.

I like the tub (it wasn't cheap, about 12 grand) but there's not great service options where I live and not sure if I would get it again since I mostly have to take care of it. 

Also many other Counties in non-covered States also include it.