You can also find a property with increased zoning that will allow you to take a single-family to a duplex, or allow you to add a rentable ADU on the property.Larimer County is notoriously tough with its occupancy limits and has been since the 60s.

For example, restaurant (where owners are objecting the most), notoriously don’t pay very much, with median wages around $11 for servers in 2020, compared to more than $20 across all occupations.

One thing to consider is that Illinois is notorious NOT landlord friendly.

In order to assert a claim of adverse possession in California, the claimant (party seeking to gain title to the property) must demonstrate:possession under a claim of right or color of title;actual, open, notorious occupation (protected by a substantial enclosure such as a fence and usually cultivated or improved);adverse and hostile possession;continuous possession for a period of five years; andpayment of all taxes assessed against the property during the five-year period.

Investors are notorious cheapskates (as am I!). 

Exclusive (possession by the trespasser only)4 Open and notorious (without hiding occupancy), and5.

Also run numbers with higher repair costs since college students are notoriously not ideal tenants but cash flow can be huge. 

If that's the case, then you will be towards the "Good" end of normal vacancy.Next, military communities are notoriously good for landlords, because of the steady flow of tenants, and many servicemen receive Basic Allowance for Housing (BAH) which means that they are highly likely to be good on rent.

It is notoriously difficult to find a decent PM, and the incentives for the PM and the property owner are often not aligned...in fact, the PM is often incentivized to provide very poor service to the owner. 

Pay the extra money for a structural engineer if you are buying in an area that is notorious for expansive soils and structural issues.