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[quote=Anonymous][quote=Anonymous]Being a landlord is a job. And a shitty one. At one point in my childhood, my parents had maybe seven rental properties, all of which were in nice enough areas (single-family homes and nice townhouses). Missing rent, broken things, negligent tenants, tenants who abandon the property, pet damage, etc. All a huge hassle. My index fund never needs a new roof. [/quote]

Exactly. And your index fund's plumbing never craps out on a major holiday resulting in you having to leave your own home and family to go deal with a literally $hitty situation. It's bad enough when stuff like that happens in your own home. And if you think "whatever, the management company will handle it" -- sure they will. But they'll still be calling you to let you know what's happening, and to authorize paying double or triple to the plumber who is showing up on a holiday, and you'll still be stressed out over the money plus silently cursing your idiot tenants for whatever it was they tried to flush that led to it happening in the first place.[/quote]

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