There is a good reason why "tenants, toilets, and trash" is something a lot of mom and pop rental property investors/landlords/flippers are eager to move on from when they can!

What does the past landlords say?

Do they own appliances in the property, or does the landlord? 

Hi everyone, Happy New Year!
I just bought my first rental property in Baltimore, MD, and I’m planning to rent it out by the room, including the basement. The property is located near two colleges, so I’m focusing on...

- Hi @Sunny WuThanks for sharing your challenge... it’s a tricky spot, but one that many landlords face.

I have looked for examples of landlords that were protected by their LLC and always come up empty handed.

My kids are a bit older now and it would be more realistic to be able to allocate the necessary time to being a landlord. 

Its more hands off than being a landlord or flipping homes but you have know how to do it correctly.   

As a landlord that at one point had 30 long term rental units, I agree with the advice from your friend. 

The $56-a-unit process requires landlords to be up-to-date on their property taxes and for the properties to be free of any safety or building-code violations.Since landlords are not legally permitted to collect rent from tenants of a home with an inactive license, the system is designed to serve as a check on property owners, forcing them to address safety violations and pay their taxes.But Philadelphia’s Department of Licenses and Inspections lacks the resources to hunt down property owners who flout those rules, said Karen Guss, a spokesperson for the agency.