Whatever is there has been painted over numerous times.

I've seen numerous management companies keep pet deposits and pet rent for themselves even though it is the owner taking the additional risk from potential damage. 

no you don't plant it .. you find 20 to 30 year old reprod stands and buy those.. once you harvest then you replant.. but you can thin it over time.. its a HUGE money business.. just like those families that live on rentals there are numerous NW families that live on yearly thinning of their forests.. big difference is .. its two weeks of work.. and no tenants or other risk other than forest fire.. so you do have to watch for that of course. 

An HOA with numerous projects but little in the bank will be higher-tension than an association that has demonstrated fiscal responsibility for years.

If a guy is upside down on his house or has very little equity, he may want to lease/option for numerous reasons.

With an STR, the gamble will be that some months you might make more money- maybe a lot more.

If you don't have these two must have items, then you're quite literally gambling in a five-figure card game. 

This is the gamble with investing, though: do you think prices and rates will go up or down over the next five years?

There have been numerous cases where the refinance right before a sale has been deemed to be accessing profit and the exchange denied. 

You will be gambling in hopes that the areas appreciate more then they already have and your cash flow will be very slim if any at all.