You shouldn’t need to ask that tenant is going to be a problem without a doubt.

In northern states, I doubt the cost is worth it for full central air.

Be prepared for the benefit of the doubt to always be given to the tenant and to have to go the extra mile as a landlord/owner to get things in your favor.

No doubt there are many success stories, but for every success story there is someone who failed.

Sometimes the cement used between the bricks will start to turn to dust as it gets old and foundations will need to be replaced all together. 4) Warping/disintegrating roofing material.

I will run a credit check if I have some doubts.

The PM is absolutely critical, no doubt.

I don't doubt that rule will change as well with how explosive STR's have been. 

@Robert Johnson As monthly cash flow extremely doubtful.

Though you'd need to add back losses from PTPs, rental losses, and some other pieces.When in doubt, speak with a CPA who is well versed in your situation and they'll be able to provide a more definitive number for you.