Quote:
Originally Posted by _Q_
It's really not that bad. Have been a landlord for close to three years now.
Just hire a decent management company and you're set. The guys I deal with usually can find me a decent tenant within two weeks.
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This is the key.
A lot of people try to save money by not going with a property management company.
I'd recommend choosing a decent management company, at least for the first few years.
If you're thinking about buying more properties, you could also think about setting up a holding company for tax and liability purposes. I don't know a lot about this.