can you imagine being at a dinner table and try to scooch back your chair??? 

RE income is classified as passive but owning rental properties is not a rocking chair activity.

Idea of down payment you might be working with, and are you looking to manage, partially manage/oversee, or have it be totally arm-chair?

It has a pool and this year we need to replace the pool chairs, which is also not cheap. 

Someone who wants more of an arm-chair investment needs a property manager. 

Although not all fires of course burn the whole house down and I suspect your quite capable of doing your own restoration yourself for far less than the average arm chair investor ??  

At very least, this should include your accountant, your attorney, your insurance professional, and perhaps an experienced RE investor colleague you know and trust.Meanwhile, you're going to have to chair this committee, so you'll need to continue to get smart on investment options and opportunities.

About to rehab a duplex, which has an access ramp but the ramp needs work, and cramps the front yard and will require ongoing maintenance. Should I remove or update? What are the pros vs cons of having a rental proper...

Well i analyzed the deal and nearly fell out the chair. the MLS listing claims the property is producing over 30k a year in net profits. and they were only asking 285k for the property.

@Frank ChinThere is a TV with chair and storage being used down in the full ceiling height basement with furnace and water heater.