I plan to buy my first rental property this year

Planning on enforcing fines and using a camera to monitor the area.

You can still find cashflowing properties in the STR areas people have been investing in, butit is just hard to find "great cashflowing" properties producing +25% cash on cash returns when planning accordingly for capex.

It's all about finding the right fit for your circumstances.

A college student, friend, or family member, looking to make a little extra a month might be the perfect fit for you.

We had changed everything in our plan, I mean everything, and we had to press for an absolutely insane price, knowing we would have to accept whatever comes closest.

(Currently own a 4 unit rental and 8 acres planned for development in the near future).I have just received my closing disclosure and boy is it ugly.

I plan on updating the whole property and moving into one of the units. 

You could do cash for keys, to just end the lease mutually, or even see if they were interested in doing a payment plan for the rest of their lease. 

It’s not about who is going to be right or wrong, Just understand that the risk has risen dramatically and plan accordingly.