We got out of consumer debt a few years ago and it has been very peaceful.I met Dave on vacation a couple weeks ago.

I'm on the other coast, but from everything here and elsewhere this will be very expensive and time consuming.

A large percentage of the monthly rental income, sometimes greater than 20%, is being consumed by the fees and it greatly effects cash flow.

Dpt of consumer affairs.

Finding the right tenants when there is a turnover is the most time consuming part .

The other challenge is in order to place WW or a permanent driveway across a pipeline easement, you needpermission from pipeline; doable, time consuming and rife w/ gotchas.

Your aim to pay off the property in 10 year or even 15 years is unrealistic, at least if you expect to pay it off from cash flow.If, on the other hand, you invest in properties that do perform, you can actually get them paid off with a 15-year financing, especially if you're not planning to consume any of the cash flow they might produce and feed it into the financing.Just to be clear, I am not recommending paying off the houses you purchase, but if you really feel you need to, investing in well-performing proteins, instead of a location where you know you will not get good performance.I'll be happy to help if you like

Once you understand how to manage your own property, you throw off the veil of illusion that somehow it's hugely time consuming or difficult.I do want to qualify the above to say that some properties are time consuming and difficult, especially in War Zones or similar neighborhoods.BUT if you did your due diligence correctly AND you have reliable contractors in an "A" or "B" neighborhood, I can't see why you are putting in more than 5 or 10 hours a week at the MOST!

It would be very time consuming to learn all of the state and local landlord-tenant laws and you open yourself up to so much liability in handling leases/deposits, discrimination lawsuits, etc.

I have managed my own properties (15 SFR) and although I do enjoy it, it is very time consuming.