Those that cannot weather the storm get wiped out.Having cashflow positive properties provides a margin of safety you just do not have with negative cashflow.Why are you focused on buying in your backyard? 

Four kids in one room and the baby in our room.

The core problem is marketing.Marketing 101: Target the right audience with the right message.Here’s the truth: it doesn’t matter how much ketchup you put on a baby-cow burger—vegans won’t buy it.

Virtually any cap ex expense will wipe out more than a years returns. 

Otherwise $700/mo is not a big deal, case by case, and in SD that can get wiped away quick. 

Now I am diving into the rabbit hole of site prep and septic/ water systems ti get this baby moving forward!

When I first set up the home, my target demographic was young people looking to host events like bridal showers, game nights, and baby showers.

Plus, if you self manage you could wipe much of those taxes out with depreciation. 

I sure there is more but I am equally sure its quite rare.. reason is all the junior liens that got wiped out in the sale reattach.

Build baby, build.