I have read plenty of books on real estate, business, leadership, etc.

He invest $1M in a good deal backed by an experienced syndicator, he could easily make 12-15% IRR or $120K-$150K/yr without spending any of his time.But, if you can devote 20 hours a week in active real estate investing, you have several hundred thousand in cash, great credit, good leadership and networking skills, sure do it yourself.

Nowadays, there are several brokerages that enable you to recruit agents, provide leadership, support their productions, while shifting the liability and back-office operations to the brokerage. 

I place a large percentage of the LL's in my area very low on the totem pole, they are what you would call a slumlord and it's very easy to see when you drive by these homes and see the condition they are letting their tenants live in.

I just don't see how price can keep going up....a couple making $300K is just getting by these days....Low affordability, ageing bull market, confrontational leadership, taking on the whole world as our enemy, rob the poor......I just dont see upside in any asset class now...Cash sounds pretty good to me...Lol

The new leadership team at the Dallas Housing Authority (DHA) appreciates honest feedback and is committed to delivering quality customer service to all our partners, including landlords.

Systematically blaming the contractant is lack of leadership, and as a business we should not let room to our suppliers/contractors to take advantage. 

Leadership changes.So, not only are you subject to currency fluctuations, but you're also at the whim of a government that may change the rules to suit their convenience (like Cristina Fernández de Kirchner in Argentina attempted to drastically raise taxes on farms to make up for a budget shortfall) or even completely change (Egypt, Tunsia, and I'm pretty sure we've not seen the last of that.)The countries you mention are more stable, but all have various issues.

I'm currently reading Entre Leadership by Dave Ramsey.

Joe Bertolino Wow, you did a great job of illustrating that a little landlord leadership can focus attention and solve a neighborhood problem.