We have a service master guy coming out to give us a scope of work, which may very quickly answer our question.  

Here are some other things that could go wrong which may cause failures:Unknown necessary repairs (i.e. sewer lines, roof, etc)Not having cash reserves to cover vacancies / major repairsUptick of crime / vandalism in neighborhoodVandalism of propertyInfestations (pests, other)Bad tenants / No tenants / tenant family issue impacting stay (i.e. death, divorce)Rezoning of school districts / Loss of accreditation of school district Insufficient Property Management (not addressing tenants concerns, no notification of repairs timely - causing further damage, etc)Not following market pricing on rental / raising rent to frequently or too much at onceLegal issues (i.e. tenants sue for injuries on property, taxation, etc) I think you get the idea.

It was just raised this month to $120 in order to sell the park.

The market in the US is more transparent and open here than anywhere else in the world, and there are many services and online tools that will help you operate efficiently from oversea.

Payments are made through the towns lockbox service and those payments never come to her.This fine and dandy however I travelled to the address where the bill is sent and neither of the owners of record live there

I was born and raised in Dallas Texas and have a couple of friends that have not been in the real estate business.

After debt service, taxes, insurance, and reserves, I'm estimating monthly cash flow of $1,100.

example only :  58th North Hampton or 27th West Brown street Next time you are in Wisconsin : let's meet up to talk about raising funds over coffee

If you are looking for SFR properties to invest in feel free to message, I think I could be of service to you.Regards

Also, you can make a stronger offer if you are using cash.In my area, and given the units that I have been considering, this would result in about $100/m additional cash flow after debt service, and assuming 8% vacancy, conservative estimates for taxes and maintenance.