Stable tenants.I'm considering a mid-term rent-by-the-room strategy, which works really well with the demographics here, and it increases cash flow compared to renting out the whole place. 

This may be a barrier depending on the municpality and even if not, once you weigh the time and costs associated with the added overhead you have to determine whether self performing is worth it.

While I've met a lot of bad realtors I've met a lot that were worth everything they were paid.

When I started focusing more on the surrounding counties 45 minutes outside a metropolitan city, my return on investment increased tremendously.

If possible it's definitely worth visiting the market you plan to invest in so you can start to build relationships and familiarize yourself with the area.

I would also bet that the late fee is wrong there as well as we now have the most asinine rule in the state for late fees.The laws are changing increasingly fast so I worry about the ability of BiggerPockets to keep up with all the legislative changes that are going into affect and how it affects the lease!

Probably not worth the further chase of the original firm.

So, if it takes me 1 month on average to have a new tenant in place and $700 worth of work then the total is $2400 equates to a $400/month premium for a 6 month lease.

I bought for $49,000, put $140,000 into full gut rehab, it’s worth over $300,000 now and the renters have paid over $30,000 in rent.

It's worth the price.