In general whether it is RE or stocks-both asset class is inflated-unless you buy off market properties you will see slim returns.Let me know if I can help you in any way possible.

Then they try and talk unsuspecting buyers into crap deals that have weak locations, leases, tenants, etc. that couldn't sell to the experienced buyers and brokers.Nobody wants overpriced trash whereas loss of capital is high and long term upside is very low to slim.

My property managers will send the bad debt to a collection agency, but the chances of anything happening are very slim.

I agree, it’s a little slim for me too but thinking it may not be a bad first deal.

I have never lived in Georgia, only visited, so the scope of my knowledge is pretty slim.

The margins sound too slim to me. 

After googling for many hours I have narrowed down my "where to invest" to the following cities:IndianapolisJacksonvilleTampaOrlandoDes MoinesPhilly Chicago (outside chance)Fort collins (very slim chance)I'm looking to try to get the BRRRR ball rolling in one of these areas with my initial "all in" cash on the first investment at roughly ~70-135k. 

Chances are slim to zero I would warn a second time and I’m very upfront about that after the first complaint.

You can do well in it, but the odds of it becoming the "next big market" is slim.

I'm up in northern Nevada and it's slim pickings as far meeting the metrics in order to move forward on a property if I went that route though.