The letter states he has stress.

She told me it takes her 2-1/2 weeks pay to make the monthly rent, and is really stressed about it.  

Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.

I would replace it, in my personal opinion, for quite a few different reasons—happier tenants, less stress on you, etc.

If you buy a pre foreclsosure and sell it within a few years you owe the owners who sold it to you 70 or 80% of whatever you made.. thats why I no longer do foreclosure rescue.. it just takes one person to file a complaint with the AG in states where this is highly regulated and it becomes a very stressful for you.

I can’t stress enough how important it is to stay focused and avoid some of these common pitfalls early on.Quick thoughts:Find the right Realtor – Make sure they’ve got some skin in the game with househacking or investment experience.Budget = Game Plan – That pre-approval is your marching orders.

Others follow the 1% rule, calculating annual maintenance costs at 1% of the property value.Property managementHiring a property manager can help to eliminate the stress of residential real estate investing.

Madheshwaran,First, find a property you’re looking to inquire on.. then, click on the property and scroll all the way down to the bottom of the page and there is a button that says “contact host” you can then message the host and ask them some questions.

"Time on task over time"....there's no "easy" button. 

As an aside, a contractor told me that a property can pass an inspection but once someone is living there and putting daily stress on the house, things can start to malfunction.