FHA/VA loans trending a hair above 6.5%.

Just because hair is found inside a clogged drain the clog is not the tenant's fault when they rent a unit with ancient plumbing that was 99% clogged the day they moved in. the poor drainage system snags the hair and there is nothing the poor tenant can do to prevent the drain from clogging.

Its never that cut and dry. 

If a landlord is not up to snuff on their repairs, you're 100% right, the tenant can pay the registry, and stay indefinitely,  leaving said landlord high and dry; however, in my opinion, if the landlord let the unit condition get to that point, they DESERVE to lose their rental income until the repairs are made!

Cash is cool but it’s also risky, taking on a lender will add an extra set of eyes on your deal, and keeping that cash as reserves will keep your hair from going grey and falling out. 

They try to squeeze every penny dry, and most are newbies that do not know how to calculate rehab or ARV.

It's hard to believe a tenant took showers with the curtain pulled back and allowed it to spray on the floor every shower and leave the floors wet as he/she stepped out to dry off.

Do you need to go to the bars when you can just buy a six pack and drink at home, do you really need to get your nails and hair done at a solon when you can do it yourself, do you need to pay so many phone bills does everyone including your 3 yr old need phones?

Are the roofing shingles in multiple layers, dry, cracked, and peeling up?

They'll trash the person's credit, charge them fees to infinity and bleed them dry if they have to.