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Originally Posted by Genocide
Lol. I hope your prepaired for maintenance issues and bad tennants. That shit aint always sweet. Especially if your not there to over see shit. Js. Good luck with it. Sounds fun.
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Eh, that's what background checks are for.
Obviously, someone will slip through the cracks but it's something you have to deal with as it presents itself.
Doesn't take that long to see a return. As long as you stay on top of your shit and don't let the properties fall to shit. Typically, if your tenants are happy with your service - they'll treat the home well.
Depends on location, tho. Out here in PA, home are cheap but rent out for typically double+ the amount of a mortgage/property tax, etc... So you make out well, here (PA). After your 1st, a year down the line of not in less time look in to another. You make out really well owning multiple properties, not just one. Also keeping them occupied is another task.
Good luck.