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[quote=Anonymous]Can’t comment on how the area may change but can tell you that being a landlord abroad depends entirely on your tenants. If you have easy, honest tenants it can be easy.

But when it goes wrong, it goes really wrong, even with a property manager. A property manager will be limited in how much they can do if the tenant stops paying. Or anytime there is turnover/vacancy. There will be general wear and tear, and tenants can do funny things, you will be mystified by some of the damage and modifications. Plus the tax/admin/filing headache if you are setting up a corporate entity to be the landlord.

We faced a similar dilemma (low mortgage, HCOL city, afraid we would be priced out) and held and rented. It was a big source of stress during bad tenants. We now have good tenants but they are probably leaving next year and we are now ready to sell, because I hate being a landlord and we realized we will never move back to that home anyways, for multiple reasons (size, neighborhood, different stage of our lives).
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