My natural target audience is paying premium rents for nice homes and are somewhere in the area between blue collar and white collar.

My folks live in the KC area (Blue Springs) so make it up there from time to time.  

And, will you be able to take on the additional big-whack costs of a new roof, boiler, vacancies and such like as they suddenly come out of the blue?

Yellow board, blue ink, post a ghost property or your actual deal if it's jaw dropping enough.

I want to start rental investment, but i am confused between cities to start in , and i am not attached to any as for my job i am moving from one to another, so i just need a long term investment and to have it as a retirement destination.If you have general advise or any information about those cities or even other ones, that will be highly appreciated.My brother is no in Allentown, PA while i live currently in Schaumburg ,IL , i like in Allentown that you can buy a house for 50k and rent it for $950 and pay average of $1700 tax property, it's a blue collar city which you can find some good tenants if you do your homework but there is a lack in the available listed good shape properties, i was also thinking about Chicago,IL but not sure about if it has better deals ?

These are you blue color residents who are unable to purchase a property. 

Then out of the blue now the[owner financier] wants the full balloon payment, or they will enter foreclosure.

One, kelly blue book has a service called repairbase.net that will lead you through a house and line item each repair including labor that is accurate down to the zip code.

It will turn blue, like your name did in this box.When someone writes something you like, you can give them a vote for appreciation.Good luck & remember*DFTBA*Don't Forget To Be Awesome 

It will turn blue, like your name did in this post.When someone writes something you like, you can give them a vote for appreciation.Good luck & remember*DFTBA*Don't Forget To Be Awesome