Small home repairs and late night phone calls are a minute part of land-lording, there are also a lot of legal aspects involved. - City rental certifications can be required- There is certain paperwork that you need to give someone at the time of signing a lease with them (lead based paint       disclosure and pamphlet, inventory checklist, etc...)- If someone stops paying rent you may need to go through an eviction process- When screening tenants you need to do a thorough check of who you're renting to- There are several Fair Housing laws you need to be aware of when placing a tenantOften times, a PM company will even be able to cover their own cost by receiving the highest rental amount possible for your investment, most likely higher than you could by yourself due to the exposure and avenues they have for marketing.

Once signing on with the contractor they should be able to breakdown all aspects of the job anyway you want it..

How to qualify: Process all bookings through the HomeAway checkoutListing Quality Add high quality photos that highlight all unique aspects of your home - ensure that your photos are well-lit and high-resolution.

I have a general idea of what aspect of the real estate world I'm interested in, but that may change as time progresses and I am exposed to different areas.

ARV's are another aspect of your alcuaation.

Living oversees has afforded us both the time and energy (still working on the money aspect).  

Now a novice question here so please be kind, what aspect of wholesaling is unethical or illegal?

I knew there could be some downfalls in the rentals aspect of real estate so I am definitely just starting off.

My wife is uneasy with these types of loans due to the balloon aspect, but I'm generally OK with them, as I keep a solid credit score, good income, ample reserves, and have good relations with many conventional and private lenders.

Or am I overthinking this aspect?