I would consider them pretty investor friendly.

@Alexander Spira 88k a unit is pretty high, you can find a better deal in my opinion

If you can visit in person it's often pretty apparent through how sound travels and the feeling under foot if it's concrete slab or not.

I am in 40's and pretty busy with my current job, so I do not have time to spend too much time fixing the houses. 

The duplex, the numbers work just fine, I did the math as if I was contracting a Rehab. so my offer was pretty good for that one.

We are sailors ourselves but availability always seems pretty limited (ie, lots of demand) when we look.

Other than that we've had one divorce, one lost job, and one health issue.

I already have one rental property that was my primary residence since 2011 and I just rented out last year, and it's doing pretty good, I turned it over to a management company so I can comfortably keep my full-time job.

This is pretty basic and not hard to create from scratch.

There’s nothing arbitrary about them.....they’ve been in place for years, are common knowledge in the industry and are pretty straight forward.