Is it worth the extra work?

In that time if you are netting $1,500/month - that is $54,000 worth of rental income you would make over the next 3 years.  

I’ve never found it worth it.

We were initially looking out of state for a potential move and or investment property just because the property taxes without being able to homestead, plus high cost of insurance, and harsh weather on homes made me feel like it might not be worth it.

Go search the topic "Lifestyle Asset University" here on Bigger Pockets and you will see a longer thread with a lot of opinions (most are not members) but still worth a read as there are a half a dozen paid members from our group who have commented on that thread.We were formerly called Lifestyle Asset University, but I didn't realize that you couldn't use the word University in your company name here in Utah so we changed our name to Vodyssey. 

@Jim Vasica Whatever it is I think it’s worth it.

Those factors are more critical in a fix-and-flip scenario where you’re focused on resale to an end buyer.

I know I can get an insurance plan, but is it worth the headache?

Hello all,
I'll get right to it. I am in discussions to seller finance a townhome-style quadplex. Each unit is 2 bed 1.5 bath. Total sq. ft = 4500. Property sits on 1 acre. Paved lot with plenty of room for cars. Rur...

There are almost no exceptions to this, so it's not even worth considering.