This experience underscored the importance of making timely decisions, as time is money in real estate.

I'm being a little glib but it's just to underscore (as @Steve DellaPelle points out) that your "Profit" isn't your profit. 

@Amy Haas - your experience is not too unusual here and underscores the importance of having a good realtor AND a good inspector.

As far as URL, avoid the underscore, it isn't natural for people to type in.Note that even if people won't necessarily source you through the site, they will research you through the site.

I own two townhouses in Reisterstown (Baltimore County) -- I'm all-in for right about $160K for the two, and they each generate $1450/month in rent.Not saying that this makes your deal a bad one, but it does underscore that there are plenty better deals out there in that area. 

@Ryan Evans I think @Tyler Work's article underscores the biggest opportunity and challenge with your idea.  

This experience underscores the importance of thorough due diligence when buying condos.Additionally, it's crucial to be aware of state laws governing condo ownership.

I want to underscore the importance of what @John Mocker said above about making sure your policy has "Replacement Cost" on both the Dwelling and Personal Property.

In the income-producing space - while it is one of the most popular metrics, and it certainly has an application, this application is not what most folks do.Cap Rate is a metric which underscores the behavior of the market-place.

But you're underscoring why a lot of us stick to 12-month leases.