There are a few of us just over the FL border in Pensacola.

The problem is that they are gambling and if they are inexperienced or under capitalized to meet the obligation in the event of problems... you end up having to foreclose to reacquire a property that is likely poorly maintenanced if not trashed.

Check out the "Learn" tab up top along the blue border.

Here come the turnkey operators stating that everyone investing in CA is gambling and can’t cash flow if their life depended on it

As far as my investments go I see myself investing in my general area of PA, which is the southeastern portion generally consisting of the suburbs surrounding Philadelphia OR in the northern part of Delaware, since I live so close to the border between the two states.I guess the market and my criteria will dictate where my investments are made!

You are free to gamble your money as you see fit on your vision of the future. 

I take risks, I do not gamble on appreciation. 

I've never been a gambler, but a calculated risk shouldn't be seen as gambling. 

We are currently looking at duplexes with 4br 2ba, and it seems that historical utilities combined for these if the owner pays are in the neighborhood of 300-400$ a month.It definitely is a gamble in Northeast Ohio to take the time to install additional meters to pass on the fees to the tenant, but you are right that if it means I have to lower rents to compensate its a wash on income and a negative on the expense I accrued due to metering.

I guess it's a gamble unless I can get inspectors and contractors to look, as well as the utilities turned on for due diligence.