Somewhere in there, there has to be a mechanism that makes the regular commentators some kind of money.Really, how do you explain what it's like to live the different versions of this real estate life and be as focused as we are on things that are so different from what most people think about?

Landlords should inspect their properties regularly and be aware of what's going on.

@Robert TinkerHere are some exercises to help you find a location to check out.Get on Sparefoot or Google. 

I understand that this fee will be credited to my security deposit when I move in.I further understand and agree that if I should change my mind or become unable to move in for any reason, other than Landlord exercising discretion not to rent the apartment, this holding fee will be forfeited by me, and I will receive no refund of the fee.Monthly rent per lease will be due upon move in the amount of $XXXX.00.I acknowledge and agree by my signature below that the additional security deposit I will owe at the time of move in is calculated as follows:Total security deposit Per Lease of $XXXX.00.

Then do the exercise for your location. 

So, my monthly payment on the underlying note is about $1,475 and I'm getting $2,400 for a cash flow of $925 a month.I apply the amount "down" to the agreed to option amount, if they exercise the option.

I see these four rentals providing us a regular stream of income during retirement. 

It's important to go there in person, at the very least do video calls if you can't fly out and be in regular communication with whoever is working on or managing your property.

The purpose would be to rent it out through a property manager just like a regular single family home.

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