However, building codes vary by municipality, so what works in one area might not work in another.Unfortunately if you didn't use a design professional, these kinds of issues often arise during plan review and during construction, which can cause you very costly delays.

It can be in a nice neighborhood with cute seniors running around and still cause you to lose your money.And as @Drago Stanimirovic says.....do a spreadsheet with ARV minus ALL costs expected and unexpected.

State, local, & federal regulations cover areas such as:Tenant screeningProperty safety and conditionEvictionsInspectionsLease addendumsLease terminationsSecurity deposit handlingRent collectionAvoiding just one lawsuit can more than cover the cost of professional management — AND save you significant time, stress, & money.Shorter vacancy cyclesA property manager can help you perform three critical tasks that directly impact how quickly your vacancies are filled:Prepare the property for rent: They recommend & oversee cost-effective improvements to increase rental value & appeal.Set the right rent price: Using market data & rental analysis tools, they help you avoid overpricing (which causes longer vacancies) or underpricing (which leaves money on the table).Market the property effectively: With access to multiple platforms & advertising tools, property managers create targeted listings & use their sales experience to attract & secure qualified tenants quickly.Better tenant retentionHigh tenant turnover can lead to costly & time-consuming processes like cleaning, repairs, & re-marketing.

My guess is in upcoming years as the baby boomers start passing away there will be a glut of 2-5 year old properties available which will cause the builders grief.  

If both signed for both loans, that would cause a problem.

There's a party wall agreement in place, and our HOA is very limited—they don’t carry any master insurance policy and only handle trash and some parking enforcement.Here’s my concern:What happens if my tenant accidentally leaves a candle burning and it causes a fire that damages my unit and a few of the neighboring units?

I am seeking legal advice regarding significant issues caused by negligent and substandard work performed by a general contractor (GC) on a single-family home I purchased last year.

The market is FLOODED with inventory which is causing prices to drop rapidly and lengthier procurement times. 

You MIGHT have to move in to the property to raise rent more than 5-10% or to evict the without cause.

IMO a real estate investor should be evaluating their portfolio at least quarterly, not just because market conditions change.There are numerous factors to consider that may cause us to decide to sell an asset.