I think the challenge is getting competent management- few managers worth their salt will want to take on a single family home, there's not much money in it.

Thanks @Ryan Evans The real challenge now is to find a duplex in this competitive market in the greater Seattle area.

I understand it will be quite the challenge but I'm up for it.

I recently got engaged to my girlfriend and we are planning to buy our own home in the nest year or so.

What have been some of your greatest challenges and what have you experienced to be less difficult than you had conceived in your mind before taking action?

Like I said, its definitely worth trying to engage the neighbor. 

Then I didn't know if it was appropriate to charge $1 for 10 years or if asking for like $250/yr per acre was reasonable.Anyway, it seems extra challenging BECAUSE there's no real money in it and because its pretty flippant.

Not many realize but a lot of them are on fixed income from year to year so they face challenges with costs going up every year.It should also be a lucrative business with the increase in population of the elderly in the future.Good luck with everything!

Keep engaging on BP, listen to the podcast, and definitely read as many books as you can on REI and the mindsets that create successful investors. 

Notify both parties, the less money supplied by bankers or mortgage institute or even private lenders make selling a property more challenging than before.