Sorry bud, 6% was no longer attractive in this rate environment.   

I feel like this property would offer a relatively safe environment to gain those experiences. 

You must always verify what you are being told.Second, in today's environment, you must be a patient investor. 

I have spent many years improving houses as a licensed contractor and really all you should worry about is making the place look clean and safe but let the new owners use their imagination and especialy their wallets to create the environment around the house they prefer.

I haven't been investing for long but rates have gone from low 3%'s to now close to low 5%'s.Will this rising interest rate environment change anything in your business and what will you do to adapt?

A great environment to learn all about real estate investing.

I learned that the hard way.The reason behind a property manager is so that you can collect rents while sipping margaritas on the beach, not keep checking email and sending texts and making calls, and negotiating with utilities and vendors.

I didn't feel comfortable working in this survival-oriented environment (the bottom rung of Maslow's hierarchy of needs), but I had a hungry mortgage to feed every month.Those times made me yearn for financial independence where I would more than cover my living expenses with investment income and not have to be concerned with the price of gasoline or the chip industry's "book to bill" ratio.

I'm sure they are, and like the police they are necessary to keep a clean and usable environment like you mentioned.

They get more out of a social environment like cubicles.Some it may be Power- getting things done and putting your name on billboards and their office, truck or wherever  Hard to be a quiet stealth wealth landlord if thats your thing.