A lot of people like to go the cheaper route, a few dollars and, maybe, a bottle of something to drink route.

Call or PM me if your willing to buy me a drink if your serious about it. metro areas you will find turn key properties all day everyday.

Usually free food and free drinks.

I can do it while I drink coffee in the mornings.

I also met him and his wife out for drinks--super friendly and nice. 

It would probably be a lot less fun drinking beer and talking real estate by yourself in an empty room.

Even if you are planning to manage it yourself, account for the cost of management when analyzing the deal. 1) Your wife's time is valuable, so consider this as money being paid to her for her time rather than a "savings" of not having to hire a 3rd party. 2) You might decide that you're not good at property management and need to hire one. 3) Your situation might change (birth of a child, divorce, disability, moving for work, etc.) and you won't have time, ability, or proximity to manage the property well if at all. 4) You might get to your passive income goal 20 properties down the line and decide you want to go sit on a beach and drink Mai Tais, but when you go to do it, suddenly a big chunk of your cash flow goes away because you never factored it in from the beginning. 

If the groundwater under this site serves another purpose such as municipal drinking water source, agricultural water source etc then it could be an issue. 

Originally posted by @Andrew Johnson:It becomes easier to justify the travel expense (ballpark $2K as your total after flights, hotel, food, rental car, etc.) when you're checking in on 3 properties instead of 1 but I'd still say it's somewhere between "prudent" and "necessary".No big point here, just an observation:For my upcoming 3 night trip to Indy - Roundtrip flight + bag fees: $149Airbnb: $105Rental Car: $40Gas: ~$15So I should have almost $1700 for food and drink :) WOOHOO!!

And maybe that extra money is more than enough to cover the super deep cleaning cost.The bar down in San Diego where the "singing to her scene" from Top Gun was filmed has crap all over the walls attesting to that, and the drinks are more expensive.