Eventually a flood of backed up listings and new default inventory will meet with the new reduced pool, and things will take a downturn.

When I start finding deals that look too good to be true (2% or 2.5%+) I start getting into issues with location where the tenant pool might not be of the caliber I'm looking for and therefore, risk goes up and possible costs due to poor tenants. 

This is ~2 miles from my current residence (I live in a town-home) so not sure if the SFH can qualify as a vacation home (it does have a pool which I don't have currently in my primary).

Yesterday he opened our own pool & replaced several cracking roof vent pipe boots on our home & my wife had him do several other other tedious honey-do jobs.

first year experiencing this problem, pool pump will run for about 3 hours at most than will trip the afci gfci 20a breaker.

@Mary Frangakis, my Melbourne home rents are $1595 for an older block 3/2 with pool, and a newer block 3/2 for $1500.  

FHA is a great program and you pay into a risk pool for those who default. 

@Sunny S.Another one to ask about is a 203k reno loan.

This absolutely increased the value of each unit by giving flexibility and increasing the pool of potential buyers.

I have found a pub and pool for sale that is a great spot, under the right conditions.