If you are really savvy and can endure the pain read the intelligent investor by Ben Graham. 

I'd rather endure a loss on the front end taking extra time finding a good tenant than dealing with a loss and headaches on the backend getting rid of a bad tenant.If you decide to go forward, consider doing a six month or month to month lease so you can get rid of them if things get weird.

With these projects there is not telling how long they will take and what delays you will have to endure and experience.

Rental properties are an endurance run, not a sprint.I would never buy a property based on the results of the 50% rule.

Entrepreneurs are a very small part of any population and thus those that have been able to survive and endure are really the cream of the crop of their country, regardless of where they stem from. 

Various public buildings, community centers, schools -- they all help.But the strangest pocket neighborhoods in this town sometimes seem to form and endure for no visible reason at all in areas that were previously C-class and slid slowly into D-class ten or twenty years ago.

who was NOT getting their cut ...and the bureaucracy of  participants who  were "slick" enough to endure and make money.  

On the other hand, you might find that treating people like human beings will make them stay longer saving turnovers and enduring rent increases. 

But over the past few years, I have really come to empathize for my mom, to understand a little more of what she had to deal with and the pain she endured.

As a kid, there was always something magical about stepping inside it—the built-ins, mission furniture, and trove of Maxfield Parrish prints hanging on the walls left an enduring impression.