You could run afoul of tenants rights laws even with a lease.

Some of our clients have even installed two separate electric meters on the property, which would require two separate addresses.

If you're purchasing a lot for $200k you're typically going to need to budget another $100k+ to get the lot to the point where you could even start talking about building a home.

You paid $200,000 even though the total debt on the junior was only $100,000.

This one we could even do 70 ltv.

Closing on a duplex this week, with even better numbers Good luck 

I said I didn't want to bother them with petty things and they said "We know the types of tenants this guy is putting in here, so if you feel even slightly inconvenienced, please call us." 

Sure there’s the hope of appreciation, but that’s not guaranteed and I like to know that my mortgage balance is shrinking even if it’s very slow.

When I saw this one up for sale, I put in an offer at asking price before even having seen the home prior.

Population growth, strong job growth, multisector industry/economy (Never invest in an area propped up by a single industry, or worse, a single company), landlord and business friendly, strong development, strong sports teams (even minor and farm teams), lower crime rates than national average, and good schools/colleges nearby.