Affordable housing / "slum lording"
Interesting perspective I have here. I'm a "numbers guy" and the numbers fooled me into buying a poor property. Had 4 evictions in 3 years. Sold for a huge profit though.
The way I see it, operations matter a lot (tenant selection and management). If you can get it to work, affordable housing is going to offer a good ROI.
And although it's called "slum lording" by its detractors, you're providing a very needed service.
So how can one good be a good operator in affordable housing?