"UT,getting rid of a bad tenent isnt that easy.I know people that have had a lot of trouble getting a bad tenant out.Now,obviously it's not for every single case."
Agreed - getting rid of a bad tenant can be trouble some. But to date I have been able to sufficiently motivate them to leave. Besides which usually most bad tenants just up and leave at some point owing a couple of weeks rent. So in reality it is more about an inconvenience than anything else.
"UT,the rent growth in this area has a ceiling on it."
Actually there is no ceiling as the ceiling you talk about moves over time. Sure rent can't increase beyond a certain amount at a particular point in time - but that is the same everywhere. I am more than happy to accept increases in rent in line with inflation over time.