Quote from @Jacob Campbell: Hello - After listening to the podcast, I've made a commitment to purchase a rental property by the end of Q2 this year (ideally by the end of Q1).

You’ll pick up so much just by listening to people who’ve been through the highs and lows of the market.

If you’re looking for a straightforward, hassle-free option, I highly recommend checking them out!

They find properties and approach Sellers and secure a price, then they seek out an end Buyer (you) and sell it to you at a higher price. 

I’d politely decline to renew once the lease term ends and find someone new.

@Cathy Ries Yes, tax planning before acquiring rental properties is highly beneficial, especially given your situation.

To give a little more detail, these houses are in 2 rows, 4 on each side, so the line starts at the public street line, does a U-turn at the end houses then back out to the street.

This normally would not be an issue but the cost of the water/sewer is extremely high in this area and specifically because the meter is a one inch, the costs are much higher than a normal 3/4 inch on a non-duplex. 

In 2016 they moved to a one story home due to aging and ended up renting their initial home.

They ended up billing me $200 a month for several months before I realized what they had done.My wife's a Realtor and we flipped a couple houses that she found for us.