Then buy a rental property.Many Americans are sadly being seduced into the lifelong renter mindset without realizing the horrific consequences it could be dooming them to.

Just because it is expensive or a pain in the butt to fulfill a contract does not mean you get an out. 

Equity is the difference between the fair market value of the property and the amount still owed on its mortgage and other liens.escrowAn item of value, money, or documents deposited with a third party to be delivered upon the fulfillment of a condition.

I live in San Diego, so I need an agent who is responsive, trustworthy and willing to work probably harder than he/she should have to - and Joel has fulfilled all of my expectations (and then some...I'm not sure if you saw my previous post from August, where he changed the flat tire on my rental car!).

If he cannot fulfill this basic duty, it's time for a different PM Company. 

I have already been able to find several off market opportunities for a few of my friends to get started in this life long journey. 

main thing to remember, UK and los angeles have very different economics.... local economies in each specific area in los angeles even vary quite a bitthe income or industry in south la vs west la vs north la are all very different.pick an area and dissect it make the best decision"ghettos" in Los Angeles have a lot of life long renters that are very much govt subsidized  so you are not investing with a tenant but more so with the government and managing a tenant as a way to get a premium 

Life long Maryland resident.

There are so many people out there who have been doing this and truly get fulfillment from helping lift others up, you just have to be persistent and consistent and find someone like that!

Convicted felons dragging a lifelong record but with good credit can be exceptional tenants because they know that you have immense power in the relationship.