@Byoung Bae would NOT recommend an inexperienced investor try to DIY manage OOS anything other than a Class A rental.The odds are against you and you will statistically lose a LOT of money.Read below for some friendly advice:-----------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

It’s a lose-lose scenario.The only real winners are the lawyers and politicians.

This site has been instrumental in getting me from 0 properties to where I am today. 

From there they port out to all the normal other sites.

How many tenants will you lose not because they didn't like the property but they didn't like your tenant selection.Remember my first point FLEXIBILITY, well if you decide to bail on the rent by the room, it is more unlikely that you can cashflow positive with a SFH than a duplex in Austin TX if you move out of the property.  

Business owners won't want to get tied up in litigation and if there is a good chance they will lose, it is easier to simply follow the contract.How would that work with a lower-end tenant? 

For property owners, would selling off some of the property’s income rights (without losing ownership) make sense in certain scenarios?

That's 50k a year gone and you are losing tax write-offs and equity potential.

https://www.forbes.com/sites/brandonturner/2017/07...

If you haven't already joined the social media sites (same name as the book), I highly recommend them.