There is nightmarish areas of St Paul where you will have the strictest rent control in the nation and struggle to get rent's to make it worth while.   

Thanks Jorge build new don't buy new and don't buy existing. find your own land, entitle it, control the full process, get architects, zoning attorneys, roll your sleeves up it isn't easy but it's big money. 

Condos are often terrible rental properties because the HOA controls a large portion of the costs.If you want to get into rentals, take the proceeds and roll it into something else.

Because I also own and buy actively, I also have the proven vendors that further save my clients money from insurance, landscaping, pest control, pool care, and handymen/hvac/plumbing/electrical.With that said, I’ll send you those properties today per our phone consultation @James Thompson and we’ll be sure you get your 1031 funds allocated smoothly and into great STRs 👍

You are in control you put the rent money in and that money generates  9% compound interest.

I prefer to have control and be able to look at everything myself if needed.Checking accounts are generally free, so why not?

As a landlord who likes to have control - this doesn't work for me personally.  

There is simply too much we cannot control after we sell a property for us to provide any prediction of a result.

LL Controls the end of lease period.  

@Nicholas J MineoAs far as the ADU, I was considering that myself but if I do that my SFH is now considered a 2 unit and subject to rent control - San Francisco, Berkeley and Oakland are the worst with regulations.