The data @Devin Conley posted is pretty solid from my experience (I do not know Devin nor how he sourced the data, just going by my own investing experience).  

The rent from this property covers the mortgage.

Maybe the biggest "risk" might be the fact that you cannot occupy the property at all so technically if you run into hard times and need to move into the property thats not intended - but no real more risk. 

depending on how backed up the county is it can e take a few months for court date. in essex county it took my mother in law about 8 months or so for the full process. she had an attorney, not sure if that sped anything up

Within a year we had 3 or 4 originators, 2 or 3 processors, and a full-time admin assistant. 

Don't get me started on the national debt and the amount we pay in interest each year.

Written by attorney investors, it's full of practical advice about the management of investment property, has sample forms that can be edited, and - most importantly - tells you what your primary state laws are and where you can read them.

That's much further than most ever get.Have you read Coach Carson's book, The Small and Mighty Investor?

He was working full time too, but the excitement (and nerves) of closing on that property had him checking calulations day and night.

So, Benjamin, if you're American I would give that some thought.Below is a link to a forum thread in which I outlined why, you can read if it'd be helpful.