So don't get frustrated if they don't return your call or aren't in the office.

Do people not understand that’s a guaranteed 0% return for 10-15 years?

This is helpful for monthly bookkeeping and tax return preparation. 

When you put in an offer you are not asking for the seller to provide you an X% rate of return.

Passive income, but much slower to see returns.

With such low rental yields, the return on investment (ROI) and cash-on-cash (CoC) return are negative when factoring in mortgage payments only, not including any other factors.In this market, it seems almost impossible to make a profit using traditional rental property investing strategies.

Income Late fee Gross rent Expenses Advertising Cleaning Gardening/lawn mowing Insurance Interest on loan(s) property tax Legal expenses Pest control Property agent fees/commission Repairs and maintenance Water charges Electric Bill Total expenses Net rental income or (loss)

The income/loss flows to your personal tax return. 

It can be stressful without contractor connections, but the potential returns and ability to quickly grow a portfolio can make it worthwhile.

Doesn't have to be a lot of hours but gives you consistent income as you flip(would be 60/90+ days till you see a return).