I can appreciate a lot of the regulations related to safety/the public good and overall planning for growth, but some of the additional oversight can get ridiculous.

You'll need  to evict 10-30% of them to get a good solid tenant base.C) You /Your inspector missed a something during due diligence like bad septic tanks/sewer pipes, old trees that need to come down, some legislation that causes you to replace safety equipment, a bad parking area with a spring under it, a leaky roof, a bad boiler.D) A recession hits and your occupancy/rents drop.E) Some utilities are being owner paid boosting expenses past 50%.Again in the interest of keeping things simple let's say one of the above five things drives your NOI DOWN to $40k for the first two years so instead of making $10k each year for the first two years you lose $10k each year.

This could include conducting regular property inspections, maintaining properties to prevent hazards, and implementing safety protocols for tenants and employees.Ultimately, the key is to strike a balance between adequate coverage and cost-effectiveness.

Right now it’s very hard to get SFR or MF at a price with a predictable margin of safety.  

It's highly speculative and often can be upgraded or downgraded based on how someone grew up when it comes to safety.

I'm in Dallas investing in my first single family property. Bigger Pockets has groomed me to aim for a 10%-12% COC ROI, 8% at the lowest. Today I submitted an offer that was 95% of the list price and got beat out by a...

Do you prioritize cash flow or appreciation?

See if the previous owner did adequate upkeep on the property and address any health and safety issues if there are any.

@Robert Mooney THE last comment hit the nail on the head, you'll also want to make sure that you have these things buttoned up as Ive seen people fail often for these small violations (from state or fire inspection)-Look for small safety hazards like loose railings and steps-Have the right hard wired smoke/carbon detectors (10 year sealed)-Make sure that exit flood lights work-Make sure emergency egress is free of debris/clutter

I intend to have a property manager to help renting in out and she said it cannot be rented out if there is code violation (the deck) or safety concern.