They deliver the unit, service it, keep it stocked, etc. and then you split profits.

Dumb mailers mail an off-the-shelf, stock letter by someone else, and do it just once and no follow up.

My reservations about timber: make sure you maintain your parcel well, because a pristine stand will attract more bids. 

I also closely follow and invest in the stock market. 

I totally understand that houses need to be maintained - no matter how they're built. 

Repairs generally include work that maintains the property in its original, operating condition without significantly enhancing its value.

Typically one of the owner's children are the trustee of the revocable trust, he/she can take control of the properties, appoint another sibling or sell or do maintain them.Can someone guide me or point me to a legal expert for this specialization in Virginia please?

If you are investing in the stock market would you rather put 50K in one stock or invest in 10 stocks at $5K each.

@Amby BhagtaniI personally look for population growth in affordable markets where there is stock of multifamily properties I could potentially purchase.

Keep rent a little bit below market and keep the property maintained and you can get great responsible tenants.