Rich dad and poor dad explains this concept very well.

In my experience, most mom-and-pop investors lose a lot of money due to poor management of tenants, as well as poor/deferred maintenance.

Their plan is to raise rents (on the poor remaining souls, improve infrastructure and exert some sweat equity. 

My realestate agent keeps pushing me to sell them individually, and I really want to keep my tenants with a landlord.

This is going to be a very individual scenario, but most likely it isn't worthwhile.

BTW my market in the last dozen years has only has a single year with as poor appreciation as 4% which implies the reality is that virtually every in the last dozen years you would far exceed that projection. 

Wendy's parent corporate is currently credit rated but NOT investment grade they are speculative.What this means is they have more risk according to Standard and Poor's rating system so lenders will typically not give the very best loans for them.Think about credit rating systems for businesses like individuals but instead the credit is based on letters instead of numbers.

Hi all, I want to start a thread about the pros and cons of listing STRs with a personal individual hosting account vs as a 'brand' or 'business' account.

If someone stays at a property for 14 consecutive days or more, they could potentially be considered a tenant under state law, even if their stay is structured as short-term renewals.If the individual is classified as a tenant, landlord-tenant laws would apply, meaning you may need to follow formal eviction procedures to remove them.

If we want to hire individuals for each of the task, where do we start and what are the steps?