I explain they will have difficulty Renting a quality unit, that I will ding their credit, that I will attempt to garnish their future income to recover what they owe.

Quality of life matters too.  

A renovated main house + a high-quality detached ADU on its own driveway is exactly the type of property that stays in demand long-term, which is why your numbers look the way they do.A few thoughts from an investor perspective:1.

So more specific question, what numbers and qualities of a property should I look at when deciding if a property shown by my realtor is a good deal or not?

In a cozy home someone could do any of those three very easily and provide the seniors that are in there a new level of quality and experience.

However, it often results in lower profit margins and less control over product quality and delivery times.

Want high quality tenants, relatively easy management and long-term appreciation? 

This will narrow your OOS gap.My team works with a lot of OOS investors here in Milwaukee and there is definitly a pattern tied to success: narrow the gap as much as you can and also buy a quality property in a desireable neighborhood.

I've found guests really enjoy our "spa quality" master bathroom, although I do not find it brings us any extra value.

Student housing just hit roughly 95% occupancy for Fall 2025, while many conventional multifamily assets are still hovering under 90%.That’s a pretty wild gap when you think about it.Even with higher rates and tighter lending conditions, demand for quality, campus-adjacent housing hasn’t slowed down.