I also agree that having a high CF with lower cost properties may mean higher turnover, which eats up the CF.

I have their security deposit which I can keep for unpaid rent but only if there is no major damages eating that money.Can I still evict or just move on and hope they don't repeat next month?

He started eating three almonds a day and 20 years later swears that was the difference.

They eat away at your profit, and they often control what you can and can't do with your property (depending on what type of property you are buying into).Also, know your exit strategy.  

Just hard to eat that cost.

Even though rent keeps going up, inflation, taxes, and other expenses eat most of those rent increases. 

It can eat into cash flow without warning and that's one reason some investors don't like HOAs or condo associations. 

Property taxes in El Paso are really high (~2.8-3%) and with home values going up, this would result in higher taxes eating into my monthly mortgage/cash flow.  

Furthermore, run your numbers to determine if the expense of installing laminated flooring will eat into your ROI significantly.

If you are just sitting on it, inflation will eat that up.