Taste and style changes more frequently in these areas, so they feel dated faster.  

It can sometimes happen even shortly after buying a unit - life forces change sometimes.

Love the style/look

Otherwise, if something horrible does happen, you just opened up a huge lawsuit that could destroy your life!

Quote from @Karl Kauper: The tenant should figure his own life out.

SFR prices are dictated by owner occupants, who are happy to overpay as a lifestyle decision.

The typical clients that seek out cost segregation studies include:Real estate companies that buy and sell multiple properties each year.Individuals with a portfolio containing investment properties including apartment buildings, multi-family homes and even single residences.Franchise owners with properties that are similar to one another such as assisted living facilities, storage facilities and golf courses.Business owners of hotels, food facilities, shopping centers, restaurants or manufacturing plants.It depends on the type of property, but generally 15-45% of the building’s costs can be classified into assets with a shorter life.

Exactly what i was looking for The other commentators have added a lot of good info and value - I would chime in though one thing to look at closely is the property type - is it a true "log cabin" or more of a single family residence with "Cabin style" finishings?  

Ask yourself how much work you want to do (real estate is not a passive income endeavor) and how does it or does not fit into your life right now.

I think this principle applies to everything in life.