And if you want to be in real estate, while I normally don't tell people they should get their license to be an investor, if you are a good marketer and networker, getting a license can be a good way to pocket some extra money on weekends and evenings, while learning a thing or two about real estate.  

It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.

Besides needing to be extra careful about the above, this process works well for me and I usually find a great tenant during the first open house.

Umbrella insurance policies can add an extra layer of protection across your portfolio.

(I will research what the likely cost will be and will add in some extra for Tenant A to make it a positive for them).

Some co-hosts are locals who will assist and drop off extra linens, do check ins, etc. 

I got recertified in the military on my weapon every 6 months and without regular practice and in a controlled environment I still had difficulty with the target.It gives many (not all) people a false sense of security, like they're going to pull out their weapon and go Steven Segal on the situation, when the most appropriate response most of the time is to exit the situation (run/hide/etc).There are reasonable alternatives to carrying a firearm that are at least worth considering for your particular situation. 

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

This will give you extra cash flow in the first year and/or the early years to maximize your tax benefits and make your dream come true.

Cities usually don't care if the OWNER lives in the basement, just tenants.You could use the extra income to offset cost of finishing basement and more.