In some cases, after running the numbers, I’ve even faced potential negative returns, causing me to miss out on promising deals here in South Florida.That brings me to my question: I currently own two homes—one is my primary residence, and the other is a rental property.

That being said, anything can happen, but if you run your numbers accordingly, make sure that your contractor is trusted and do all the other stuff you'll be a little more protected than the next person flipping that does not do this type of calculation. 

I use National Tenant Network to run a tenant score and recommendation.

As a licensed real estate agent and contractor, I speak the language and can guide you through the process to ensure everything runs smoothly.

But, they will be in challenging parts of town where realistically you do not want to own property and your long-run returns will under-perform.I'd encourage you to find a balance of sub-market growth, nearby employment, strong income, and only then a good rent-to-value ratio. 

At the very least, let it run for a year or two and see how it goes.

The owner has agreed to give up this access if he can secure alternative access but has been running into issues with the City of Redding.

over runs do occur but 50% is really crazy.

They can't print the envelopes cheaply enough to make it worth while, so I would still run the envelope through the printer.

They are up and running again, but this pushed jobs back.