“Be a shame if sometin happened to dat liddle bank of youz”) forced them to do: Bought T-Bills as “Safe Assets”.

No taxes, she got to keep the house and no stress about income.

You are'nt saving money (or time or avoiding stress) by self managing. 

Plus each house sitting empty for t months seems wasteful.)But it’s hard to find a warm but not hot and humid location.

We are based out of Long Island and invest in Milwaukee because of the L/T laws, price to rent ratio and some other metrics.Good luck on your journey. 

. - https://www.investopedia.com/terms/t/tenancy_in_common.asp - https://www.rocketmortgage.com/learn/tenancy-in-common - https://www.allcalifornia.com/tenancy-in-common - https://andysirkin.com/tenancy-in-common-tic/guidance-for-se... - https://www.dre.ca.gov/files/pdf/tic_guidelines.pdfby the way I received a lawyer referral who is supposedly familiar with tic in California.  

However, the biggest con is that you are sacrificing a bit of your privacy by living right by your tenants and it is usually a lot more stressful since everything is your responsibility - managing tenant issues, handyman repairs, taking care of the lawn, etc.I would strongly recommend house hacking especially in the Columbus Ohio market!

This is why seasoned investors run a "stress test" when evaluating their investments.

I can "cash flow" more from my stocks/index funds and high yield savings account with far less stress. 

Upside though this also creates opportunities I guess.BRRRR could work here I think but would really need to focus on younger stressed properties to get around bank valuation process.