If it's something else and real estate is just to supplement, that's fine too. 

The property is well located and in a area with high demands for rent based on the info dug up and discussed with multiple people this units stay rented most of the time and there is a high demand for rental in the area. 

If the landlord does provide a list of deductions and the tenant disagrees with the deductions taken for expenses and damages, or if the landlord has not provided such a list, within 30 days (or up to 60 if specified in the lease), the tenant may send a “Seven-day Demand Letter” to the landlord, itemizing the charges with which the tenant disagrees and stating that the tenant may sue the landlord for three times the amount of the deposit withheld if the entire deposit or the disputed portion is not returned to the tenant within seven days of receipt of the letter.

She loved making demands, bossing the handymen around, and having absolutely no accountability/responsibility for any damage she caused. 

Rental demand could even go up if banks start increasing their lending standards, which a lot have been doing already.

This strategy has become extremely popular with new investors, and I don't see us having enough "distressed" properties to meet that demand anytime soon.I see opportunities in other parts of the market though. 

Here is the section 4024 from the law 116-136:Section 4024 prohibits lessors of rental units that are insured,guaranteed, supplemented, or assisted by the federal governmentfrom charging penalties or evicting renters who fail to make rentalpayments.

The real worry is if supply is outstripping demand for what ever reason.

It's in an area of high demand, so I expect the units to rent quickly.

Just to supplement the 20-30% down payments.Do you invest in Memphis or Nashville?