:)I am from scorching AZ and thought I would introduce myself.Below is my profile "about me".In 2018, the light bulb went off for me.Many of you know this feeling.I have committed my life to personal development and attaining financial freedom, using real estate as that vehicle.Currently, I am a physical therapy student.I am working on the skills of attaining money, keeping money, and using money.My 5 year plan is to save what I can as a broke student, eventually completing my savings as a graduate and new physical therapist.Over my next 5 years of saving, my goal is to read over 150 books and learn everything I can about real estate and business topics.I believe this knowledge and quest to build relationships with local investors will allow me to hit the ground running once my savings and career goals catch up.I lover BiggerPockets, and I am excited to be active in the community.I am a newbie, but I will not be a newbie that posts one time and disappears forever.Say Hi!

@Brad E.It seems like you hit most of the pros and cons.Some other things I would consider include ease of selling the properties in the future.

I also regularly know about multifamily properties before they hit the market which gives my buyers an advantage, and have a property management background.

The walls had massive holes where all the electric wiring and copper had been ripped out.

Once we hit the basement we saw foundation wall cracking as well as standing water from a recent rain and evidence of water seepage over many years.I did go to a very well-respected and well-known local Foundation specialists rather than an engineer simply because I knew one and I had less than 12 hours to make a decision on the property. 

Only downside is about 5 business days for money to hit your account from the time the tenant executes payment online.  

Please hit me up!

We are talking about a basement apartment where the humidity is coming from the floor and the walls- not the air like upstairs.Also- is the tenant paying electric?

Constantly hitting the jump back to relisten to something.

They are the gatekeepers to all assets relating to electrical,plumbing,roofing, and contractors in general.Property managers vet a lot of professionals.Hope that helps.