I came here for school and fell in love with a local. :)Sounds like you have a great, solid background and are positioned for continued success.

My wife and I fell in love with the area and are considering it as a potential move for when I retire from the military!

Some of my points include:- What if you paid off the properties and they fell in value?

Fell apart mostly because they had such a 'know it all' attitude and would have made horrible partners.Truly...hope you achieve your dream....just make yourself an invaluable partner that others want to associate with......

Our deal fell through for other reasons, but I was concerned about this requirement, as I think it would have been difficult to get the residents to agree to it for a stranger.It seems to me that it would be a sensible thing to include in your PA (we found out about this requirement after signing), in case you need an exit strategy.  

Personally, I would be happy with that deal, even if all of the managing fell on my shoulders.

I also knew that they could pretty easily afford the monthly rent based on the info on their rental application income and debt information.Over the course of 10 months, I got one call from them about a tree that fell in the back yard.

We had our home appraised last year and the comps in the neighborhood were all over the place... many of the homes were bought by investors looking to flip the properties... the bottom fell out of the market and these investors got stuck; particularly when their teaser rates went up.The broker is telling me to make an offer.

One year, when I had about 12 tenants, three of them fell behind for a few months.

We were doing some homework on financing when a great deal fell into our lap.