Owning property is still a pain in the rear sometimes, but having residual income each month is great fun.

It's your best chance to find your qualified and desired renter in your unique area, and here's why...It was almost painful to read all the good common-sense advice of the folk above given to you without realizing what a unique area La Canada Flintridge is - a peaceful oasis next to an otherwise gang-ridden area that is North East Los Angeles.

That sort of thing is happening in Brewerytown but it's still painfully slow.

I always promised I would quit '9-5' once the 'passive' exceeded the 'painful' way of earning a living.A least with RE I look fwd to every day & every deal!!!

One I have to see at 4:00PM sharp every Friday. ( I have the Bank on Speedial to confirm the Bank hasn't made an error with the Tenants check;-)Pain in the Butt but it's complicated and worth it.

If you apply the wrong strategy to a market you can find a world of pain.

This structure could be a pain in the butt depending on how many investors you actually have.

So, way the pain vs gain into your plan and wealth goals and make the decision based on the numbers rather than emotion.

Paying $70K is a lot for only $850 in rent, especially when the HOA is $200 (and an endless pain in your neck.

It's really a pain when you don't get your receivables on time.