Unless you have a massive kitchen 6k sound like a ripoff.  

I’m pretty sure that’s how most investors start off until they build their massive portfolios.

A bad PM (owner or 3rd party) is a massive issue!

This is true and in my opinion the real reason that some people see landlording as a massive chore.

The goal is not to generate some kind of massive monthly cash-flow, you are looking to defray your living expenses while gaining valuable hands-on management experience and building equity in a property with a very low interest rate.Don't start evaluating this property based on the 2% rule, 1% rule, or whatever.

@Duncan TaylorObviously it is a very personal decision when you decide to switch from "just get an umbrella policy" to "I want to spend 5 grand having a lawyer set up some trusts for my massive wealth."

As Grant Cardone would tell you "massive action is required".

It starts with a clear vision of the life that you want which directly shapes the business you will need to build by taking massive action. 

There also has been massive amounts of investment in the urban infrastructure.

Don't take on too much risk as a newer investor, you don't know what you don't know just  yet.Having the ability to do skilled labor for free can be a massive advantage.