One challenge not mentioned in the article is house maintenance. If you do not maintain your house properly its value can decrease dramatically (worst case is l

One challenge not mentioned in the article is house maintenance. If you do not maintain your house properly its value can decrease dramatically (worst case is land value less demolition cost). If they contract out maintenance to a good firm and have good oversight then no problem... but if they contract out to the cheapest firm, one that's shady, with poor oversight then in a decade or so the value of the home could be significantly lower. Not only that, but a poorly maintained home will be harder to rent and bring in less rent. And then you've also got legal issues (various landlord and tenant acts, homeowners associations) that will vary by jurisdiction that could make things like eviction and rent raising more difficult than expected. That 95% tenancy number could well drop by a lot, making the investment a real stinker (also even if they lower rents to increase tenancy the underlying measure isn't really tenancy rate it's monthly average rent).