Be prepared to face fluctuations in the market, unexpected repairs, and tenant issues.

Hi @Mindy JensenI had the same issue as  @Deborah Burian.

we are still assessing the rentals we manage but overall are just finding a few minor issues so far. 

Today I had a heater issue and snow company that was late handling commercial before residential so we ended up clearing it.Open to each option.

I would not do this, if you don't look at the property you might buy something with a bunch of unforeseen issues.

I don't know your skin thickness but know I do it with love and care for your improvement, there is no insult meant by any of it but fact is we all gotta suck, learn and try again before we get great, right. 

Based on a quick answer from Perplexity it seems like there would be no issue with you buying the home and collecting passive income, but you may not be allowed to manage it yourself since that is considered active work.

There are two types of return from a rental propertyCash Flow & Appreciation.I normally also aim for a minimum of 8% return between Cash-Flow and Appreciation.Appreication, nationally, is around 2% to 3% annually.Therefore, your goal is to get the cash-flow to be about 5% to 6%.The issue is interest rates being very high, you would therefore, need to buy at a pricepoint where the numbers still make sense.You can always put down more of a downpayment to cash flow, but that will impact your cash on cash return calculations.Best of luck!

Security is too basic and important an issue for the technology to fail.

With this scenario we both have skin in the game: His work and my materials.