Unless you go out and get clients, which is a job and a tough one, then don't waste your time and money like I did.I've since put it on hold

Andy Sirkin (fantastic legal team from SF) has a library of free online articles and a set of agreements to purchase, to help you on your way to become a Subject Mater Expert. https://andysirkin.com/article...Elizabeth and Christina (The Rental Girls) have done a great job pioneering the shared ownership (TIC's) model in Southern CA. 

Some police departments allow off their duty officers to be hired for security jobs.

It was vital that the house be in close proximity to the one who knew how to do the repairs, because of the technology of our current time theoretically Id be able to monitor and track progress with a trust worthy foreman whos on the job, performing repairs, managing subs, and moving the needle.

If everyone in the chain is good at their job: Investor, Broker, Lender, Title, Insurance. 

Looking to understand the job and the day-to-day.

Anywhere from $500 - $2500+ depending on the insert you install and whether you run the vent and exhaust up the old flu or cap the flu and vent/exhaust through the side of the house/chimney.If you hire out the entire job, expect to be in the $1K - $1200 range.

Planning for uncertainty......is a thankless job.

You will eventually have an issue but if you do a good job it will be few and far between.

My husband and I are Teachers and Nurses but dream of supplementing our W2 jobs with passive/investment income.