Was told "It is too much trouble"

[William A.]

I asked advice from an acquaintance that has around 20  rental properties.  His advice was simply "Don't do it"!  His reasoning was as follows:

1.  Unless you are a handyman, and can fix things yourself, you will never make money.

2.  Even if you get screen your tenants, you will have problems because the type of people that rent are those that don't have good enough credit to buy a house. 

Thoughts?