This is just the tip of the iceberg...I like single family homes because they are affordable, available in my market, command good rents, and have less maintenance of people and facilities than multifamily.

As for detaining them, it is all about tactics; 12" mag lite shined in their face and held the right way so it can be used as a club if they get too close, Springfield Arms XD40 as back up, lots of yelling commands peppered with curse words. 

The homes were older, in need of renovations, and most residents were Medicaid waiver recipients, which, in the assisted living space, translates to about the lowest rates you can command and additional layers of government red tape and oversight. 

I say all that to make a point...yours should be top of the market perfect to command $1295.

It too requires hundreds of thousands of dollars to restore it to a liveable standard.There are also a range of other homes currently advertised at considerable discounts.A four-bedroom duplex on West St in northern beaches suburb Balgowlah is currently listed for $325,000 below its original price of $1.9 million.In Belfield in the Canterbury area, a home at Statham St is being offered at a $275,000 discount on the initial listed price of $1.45 million.A unit inside this building at 301/1-9 Meagher St, Chippendale, was first listed at $520,000 to $550,000 but sold for $429,000.Source:SuppliedA two-bedroom unit on Liverpool St in Darlinghurst is advertised at $100,000 below the original listed price of $1.5 million.Realestate.com.au chief economist Nerida Conisbee said it was inevitable that sellers would reach a point where they could no longer command prices $100,000 or $200,000 above what comparable properties sold for months ago and still find a keen buyer.

How true and accurate what she said is, I don't know, it came from one who would be in command of such knowledge and it just made sense so I had no interest in questioning or arguing it.  

for the life of the contract now remember the first few years you will have neg returns due to comm and cost of insurance and the fact that the dividends are based on the size of the death benefit and how long your policy has been in force so that 4% compound has to over come all of that and it will take years to do this (8 or 9) maybe even 10 years so you will go from getting a $300 (yr 1)a year div to $4000(yr 10) a year to $14,000(yr)20 a year and rising its the turtle in the race & the finish line is 65 or 66 years old  for most folks by age 65 you would have put in $300k in (premiums)  Guarantee cv will be prob $387k  (thats ZERO Dividends paid all years!!!)

And if they are late on rent or trash the place you can call his or her unit command.

It's on the border of Troutman, NC (which commands better rents) but obviously it's probably still too high as others have pointed out.

I have learned that, while showing tenants the respect they deserve, you must be firm and command respect as well.