Just came across this and found this link:https://archives.fbi.gov/archives/phoenix/press-re...Not sure if this is the same Kelly but it is worth noting for others on BP. 

This is our 2nd rental (accidental landlords when we moved back from Texas), but our first property that was bought as an investment.

Your just hard pressed to find anyone to acknowledge or admit it.we had one ( one of my clients here in PDX) were he was doing a pop top and full gut underneath house fell in on itself.. no chance to recoup.. 80k loss.. gave it back to the first lender. who was loaning illegally in Oregon @Nghi Le probably knows the company.and in Tyler's home town I personally foreclosed on over 200 SFR's that out of state folks bought prior to 08  could not make a go of it and lost it all... rentals are not immune.

Press them for an answer. 

It seems like you have more pressing financial obligations.  

If they accidentally burn down the place because they left the stove going with grease... renter's insurance again.

You can translate that last phrase as 'you may be hard pressed to execute' in your new endeavor. 

I am kind of an accidental landlord in San Jose in that we moved to a new house but did not need to sell our old one.

You'll be hard pressed to find a turn key SFH that's going to realistically make you much over an 8 cap with a PM factored in.

I believe it will, as always be a local question.Although Millenials are not buying homes as quickly per the press, stats say homeownership as a % of the population peaked around 2004, dropped in the melt down and is trending back up.