And crime is another issue in those Class C areas, stolen brand new AC unit, attempted break in of another home (not rented out yet) - alarm noise scared intruder away.1) Out of state investing is far more difficult than it looks.

Per our agent, rent is ~ $1500 for one unit and ~ $1700 for another.

We are able to run pretty well with over 100 mid-term units on these platforms.The mid-term space is super new so we are all kind of finding out footing together at the same time. 

I currently have four properties which are nine rental units that all do just fine but I don't have any experience with rent by the room and I don't know if it is a huge hassle or not. 

Primarily 2-4 units.

Hey @Jordan Moorhead, we want to start looking for a 2-4 unit to BRRRR late this fall.

I'll also guess 90% of the heat and air is a window unit or something not really tied into the main house.One thing I would also say is as best you can divorce the idea of an owner/occupied dream house from an investment property.   

I'll play devil's advocate, at that price you might as well invest in multifamily units. 3-4 unit properties are selling in the low $200K and with an average rent of $700/unit, you get better cash flow and spread out risk (1/3 units vacant versus the house 100% vacant.)You do your inspections and make necessary improvements upfront to offset the risks with buying a "used" property instead of brand new construction.Alternatively, how much of a price difference between new construction and a remodeled home?

What the fools didn't realize that the greedy managers of those Senior Living Residences would prevent millions of seniors who are financially unable and unprepared to afford the small condo-sized unit residences + vehemently UNWILLING to move into such residences instead preferring to remain in their beloved homes where they lovingly raised & cared for their spouse & children and where they know every single INCH of their current home!

Investment Info:Small multi-family (2-4 units) buy & hold investment.