It's a more involved discussion that requires one on one communication and no, joining a "community" does not prepare you.

I understand this is not a requirement, but I have never received a damaged unit from an inherited tenant or any legal issues.

You aren't required to offer a loan mod prior to foreclosure.

If you sell your only overachiever to go with a more leveraged position, you could have 2-3 properties that may cover themselves or even provide a little profit, but when the rental markets shift (and they do), now you have 2-3 properties that all require you to supplement for their shortages. 

This is required for most landlords in the city, as part of the rental property registration program.

It requires hard work, strategy, and a willingness to take on projects others might overlook.

I'm not sure if they still have the 2 year requirement on income if it's going to be your primary residence.

But after working with the family, we purchased it for $42,000 and got to work.We had some unique challenges, like dealing with one of the heirs who wasn’t very cooperative and required a payoff to sign the paperwork we needed for clear title.

Syndications are great for truly passive income, offering tax benefits and diversification, but require high minimum investments and long-term commitments.

So in all, no real tough spots other than normal aside from not knowing you were required to hire an electrician, but that's unusual anyway.