I always thought I'd try to avoid condos as there is lower potential for the property to increase in value and condo fees eat into cash flow.

Time and management can eat away at any kind of returns or equity return you are getting by pulling capital back out.

As the household income in older areas declines, prices and rents fall to match.Generally, home prices will be significantly lower than metro areas with expansion limitations.Investor FriendlyYou could buy what appears to be an outstanding property only to have operating costs eat all the cashflow.

Hard money here would eat up over $100k. 

Be sure to have reserves for this as it may eat into savings you expect/project from rents.

I am also going through an eviction and I wanted to collect damages to the unit from the tenant but I did not have any information about the tenant's work so my lawyer advised me to just eat up the costs.

Things happen sometimes and if you can't stand to lose your **** and eat the next day you should save up. 

The state of Idaho does not require a license in property management (I am in Boise) just go after it one bite at a time, eat that elephant let me know if I can help you.  

Expect to just eat the cost of a poolThoughts?

They can be pretty expensive and eat into your cash flow.