If the unit is messy/dirty to the extend of being damaging or a health hazard, our lease also gives us the right to send-in a cleaning service at the tenants expense.Your biggest concern as a landlord will be vacancy - both physical and economic - as vacancy is foregone revenue.  

To your health and the winner's wealth.

Does anyone have tips/resources on navigating this scenario; finding a good broker, questions to ask, key analysis to run to compare properties and gauging local economic health?

After getting married and adopting a newborn baby, I recognized the need for the health and life insurance benefits of a full-time position and hired on with Tandem Computers in 1992 making a six-figure salary.

Now we're trying to "stop the bleeding"; then, we'll have to make up a lot of lost ground.In the meantime, we've both got chronic health conditions, so it's not just our ages.  

How do you feel about the fiscal health of Illinois?

Any health and safety issues?

Due to health concerns I'm considering retiring next year, and will need extra cash flow to pay for health insurance. 

According to http://settlement.org/ontario (well, I live in Ontario), here are your responsibilities (I summarized them) if you are or wish to be a landlord:§Keeping the home in good repair: You must repair and maintain the home, and obey provincial and city health, safety and maintenance standards.

I'm considering:- Industrial - Apparently this is where the smart money is going in my market, but I don't know the first thing about making a good play here- Health care - Pretty much recession proof but it's hard to compete with the REITs for quality product- Office - Terrible in my market, might be good in others- Restaurants/bars - Cap rates almost as low as residential for quality local tenants, and much lower for NNNsWhere are you guys seeing high cap rates and good outlooks?