Be sure to treat all tenants the same with regard to which way you choose to charge.

With technology, it's possible to manage from a distance yourself, but it would still be more difficult.Getting a good property management company is worth the cost (especially when you're out of state), but if you choose the wrong one, it'll cost you more than their fee, in which case, you might as well have managed it yourself. 

Start by learning a lot, meeting people, looking over deals, and choosing a keen spot.

If you plan to retire from everything and live more of a "work-free" life, the path you choose would be good.

Because if he chooses to leave, you'll have to look for a new tenant.

Cons: Economic growth can be slower in certain areas, so choose markets carefully.

Many investors from California are choosing to invest in the Midwest because of the low barrier to entry and yearly cash returns making more sense in these lower priced markets.

Whew… ok…I digress…..The Skeptics Take:We know, even though we choose not to believe it, we are never going back to 2019 price levels.

There are so many options to collect payments these days, but in general I would not choose one that takes 7-10 days to clear.

But what's worse is the epidemic rise of people simply choosing to not engage in employment.