Its one thing for a owner to allow some one to use his/her land but to grant that into perpetuity seems to me as against the laws of nature.

Good ol’ well-meaning newbie investors, so some perpetual problems are below.

This means that, provided she is buying only cashflowing real estate and she has no consumer debts, her DTI will perpetually remain 0.00%.

On the rare occasion where a tenant can't pay, I treat them with dignity and respect, give them 3 days without late penalties, and and even offer to pay for their storage unit for a month while they transition (approx $50, vs $1000s in lost rent, court fees and damages if you have to go through eviction); 95% of the time they've just had bad luck and appreciate the treatment.More importantly, their neighbors see that I'm not just a stereotypical 1980's movie landlord out to ruin the lives of single moms and their adorable band of misfit children, and believe it or not, this really does affect their decision to move on when I do my annual rent raises.

.$5000 per month or 60K per year (essentially a perpetuity) is the same as $1,000,000 right now invested at 6%.If you can beat 6% with other investments (which I imagine quite a few people here could), take the 1M and invest it.  

@Mike Reynolds Hey Mike, I currently live in Missouri so we have the stereotypical seasons (ungodly hot in summer, crazy cold in winter).

Recently saw a 6 unit that was a legal 4 unit, really drastically affects the numbers when the town tells you that 1/3 of the building must be perpetually vacant!

Think of your stereotypical agent.

You will have lots of stereotypes with artists...and rightfully so, their usual lifestyle, credit & extra curricular activities usually deserves it.

But when a Chinese owner rented to Asian tenants, due to stereotyping, people think everyone is related.