Lead Paint poses a danger when it is deteriorating so sealing it cures the risk. 

It made me realize I knew just enough to be dangerous to myself.I took a break from real estate. 

They made a distinction between primary / secondary / non-primary or rental property.

If you search Toledo you will find many posts about the zip codes that will meet different goals...personally I keep half my investments in 43608 (with a rant posted about how dangerous the zip code is to those who go shopping without knowing what they are buying)...43608 is the zero-appreciation investment from my stand point because $20k gets me $700 in rent for a 3/1 so I don't really care if I sell the house for $20k in 20 yrs or $5k, I moved $168,000 in gross rent. 43612 and 43613 are the out-of-towner's meat and potatoes currently, pretty hot area and a lot of competition on the discounted properties that hit the market...assume you are putting $35k to get $750-$800/mo for a 3 bedroom house.Those are just my stomping grounds, I support my entire family on those areas (like Buffet, I have my eggs in one basket and I watch that basket). 

But the fact that it is not as easy also makes it an opportunity.Auctions, foreclosures and distressed properties can be good opportunities or dangerous opportunities anywhere.

We also have started replacing traditional range hoods with microwave hood combos, and that creates another danger in dropping something onto the top and breaking it.

This sounds dangerous. 

Chasing cap rate can be dangerous - it can lead to really challenging properties. 

The valuation and market value of a multi family property differs from a single family and you want someone that understands the distinctions if you go that route.

You need to underwrite the deal and figure out exactly how much you can afford to pay for it.That’s a huge distinction, because the wholesale fee is included in the assigned contract.