Stressing about rent and tenants

[John T.]

Hey All,

New landlord here. I have bought 3 duplexes in the past 2 years. To this point I have been lucky in that no one owes me any money and I haven't had to file for an eviction. On the other hand, I can't stop worrying and stressing when someone is a few days late or when looking for new tenants. I think that this is probably due to my budget and current savings. I have been budgeting to buy as many houses as possible as fast as possible and it is wearing me thin. On the other hand I know this is my path to financial "freedom".

What are financial/psychological techniques that you all use to keep a low stress level? I have considered a management company when I have acquired enough properties, but that will be some time down the road since they're expensive.

Thanks