I prefer doing this because it alleviates you from the day to day landlord tasks especially being new in the real estate game.

It may help alleviate some fears you have.

I would strongly suggest ABle Capital for Baltimore City, alleviates a lot of the headache when dealing with Baltimore City rentals

I also agree that proper tenant screening can alleviate most serious issues, but was concerned about being able to take action for exceptional cases (unruly behavior, sudden disregard for house rules, etc.).

Also remember that you can take these profits and reinvest them without paying capital gains on them.Depending on where you are in your investment business, consider opening an s-corp to help alleviate taxes, as well.

It would also help if you have a partner who is experienced to alleviate potential fears but that is another conversation outside of what you have asked.

I’m looking at properties near my daughters school, (iowa state university in Ames, iowa) to alleviate the wasted cost of student housing.

If you have an experienced agent they will alleviate a lot of stress and will help guide you.

This can alleviate that worry and some policies include the benefit for free. 

Plus it would alleviate the stress.