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[quote=Anonymous][quote=Anonymous]There is no such thing as a house that is "not too hard to maintain". It's hard enough taking care of one house, much less more than one house. There's also the hassle of managing taxes, mortgages, difficult tenants, court fees if the tenants stop paying, etc. For the same reason some people do not want to own their own business, the same goes for owning rental properties.[/quote]

Yes, and people who think something won't be hard to maintain also wind up being crap landlords who don't do enough preventative maintenance or cheap out on solutions because, after all, they don't live there.

Being a landlord makes the most financial sense at a certain volume. I know people who rent out places they bought when rates were very low and it seemed like a no brainer to them because they could charge more in rent than they were paying on the mortgage. But there are all these extra costs plus sometimes places sit empty for a period of time. If you want to do it right, it's a lot of work.

On the other hand, if you don't mind being a slumlord, sure, it can be a low effort way to make extra cash.[/quote]

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