Even at that I do face economic challenges and pitfalls, I am not protected against future rate changes.It can be done, but it’s definitely not as “easy” or as simply lucrative as many guru’s teach.

(Credit check, putting up collateral as protection for my IRA loaning to, etc)

I'm guilty of this to a fault at times, prioritizing other peoples families over my own even..but success takes sacrifice and top real estate professionals are generally rewarded for their contributions to protecting and providing for their clients.

It's much harder to find a quality PM that has solid policies and processes in place to protect your property, income, time, and sanity with little owner involvement.When considering investing in a market, I recommend starting with your search for a good PM.

@Daniel Lidwinyes - try The One Brokeragenot affiliated with them in any way nor posting on their behalfjust a current customer 

I just want to protect myself from holding a place empty for 30 days and then he change his mind.  

Does the garage have proper firewall protection and heat alarms for whoever is sleeping there?

I try to appeal to what my customers want in the area. happy to connect offline and chat. 

It lowers the cost of entry, but it also protects the landlord like a security deposit. 

@Jack Smith, can you be more specific on the lead laws and income source protection issues?