[speeder]

I cannot imagine being a landlord in an area where you have to rent to people like you describe. I'd rather live in a tent and collect welfare, less stress.

Here is what I told someone years ago who wanted to invest in rental property and could only afford to buy in a small town in the desert:

Forget it. You want to own property where people want to live. Instead of buying three or four shacks in the middle of nowhere, get 5 other broke-ass friends together and go in on one apartment in NYC. Not one apartment building, one apartment. The monthly rent would equal several shacks in bumfk New Mexico and you will have one tennant and one apartment to manage.

At the time when I told him that, a 1BR apartment I was eyeing in Manhattan went from $850k to $1.6M in a little over a year. Good luck getting that appreciation in Sec. 8 land in PA.