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Updated over 6 years ago,
Can you own a rental without actually being a lanlord?
I know, sounds silly! I want to purchase a rental property (4 units) without actually tending to the day-to-day responsibilities. I don't know much about property maintenance (cutting grass, gutters, appliance issues and etc...). I don't currently own a home so this would be an entirely new experience for me (I want the first property I purchase to be an investment property).
Another investor told me to use a management company to manage the property. What are you thoughts on this? Do I need to have handy-man skills in order to own a rental property?
Any thoughts, insight, and advice would be helpful! :-)