But about service based businesses, you're referring to something like a lawn care or pet sitting type of thing?

Danny did a good job on what it is and why - one other thing all landlords and PM's need to consider.Do you allow pets? 

will you allow pets and charge pet rent?  

I charge $200 per pet and $20 per pet per month, which is below what most others are charging in my area. 

Maybe you bird dog and find a deal you can pull off with a partner and make 1/2 the profit.  

As an aside, we purchased using a bird dog.  

. - Be careful not to let the "tax tail" wag the dog.

Software can't handle rent collection on late tenants, noise complaints, parking violations, unauthorized pets or people, maintenance coordination and supervision, inspections, and so much more.I don't advise anyone to invest in another state unless they have a solid PM lined up to handle the investment for them.  

Denying application because of pet is not about discrimination (man they abused this word so much), it's about who pays for the cleanup cost.

multiple streams of income and not just one, for starters -- Robert Kiyosaki, Warren Buffet, snoop dog, vanilla ice rapper, Will Smith, Rockefeller family has multi generational wealth that the family will never have to worry about money.