They are usually run by picky retired people who love to stick their nose into your business (a generalization... but often fitting!).  

I have two people in one unit who have told me they prefer to put ALL their clothes in one big cycle at the laundromat and simply pay $8-10 for the wash and a couple dollars for the dry so they only have to do one load and spend only an hour and 15 minutes doing it as opposed to 4-5 hours for multiple loads in my cheaper machine.

For years we felt that people from CA were moving to both AZ and ID in droves, now there is data to back that feeling up. 

The best advice I've heard is to hire people for small jobs in order to vet them.

@Desmond Dunn - I love talking to people about multi family syndications.

There was a tenant that was evicted so there were people living in the house a few months ago. 

@Jeffrey Richard, I know a few friends and people that are having great success with their STR's here in South Florida.

Awesome work Carlos, glad to see other people with like minded ideas!

Overall to me it does seem more risky, but there are plenty of success stories of people who utilized the section 8 program.

Most people might not have the ability to pay 5 to 6 figures a year for that.With Costar it is about residuals. 15 years in the business I do not like contracts and residuals.