Sadly, I think $975 a month is a steal in our area, so it is what it is.

Those needs might of been proximity to work, price, nightlife/community identity, schools, or combo of them....Then you probably picked a property that best fit those needs, right?

It is really hard to make the numbers work when looking at a property unless it is an absolute steal and still cash flow.

You typically don't have the opportunity to inspect them prior to purchase, the occupants may not leave, the occupants may trash the place and steal doors, appliances, and cabinets on their way out, or you may discover it's so damaged it needs to be torn down.

You will not get any notifications when someone is there doing damage or breaking in but you can replay the footage after the fact if they dont steal the computer or NVR.I use Digital watchdog cameras and software.

Also depreciate half of the building if your units are identical. 

It's such a small park and your population is small so unless the park is just a steal and you can manage yourself it will be hard to grow it much.  

Still in the contingency phase, and I found a better deal in the same area for a building that’s nearly identical to the one I’m in escrow for.

However, my property manager advises against purchasing/placing dehumidifiers as she feels that the tenants may disconnect, break, or steal them. 

We have 11 years perfect payments in rent to one landlord who can write a letter, but have had identity theft and other hiccups along our road of life.