We, too, have had overwhelmingly positive experiences with guests staying at our vacation rental in New Hampshire the past 5 years - but the 2 or 3 bad ones unfortunately dictate how we need to handle everyone else.

Im tighter than ever with my boys and now I dictate the way my work goes - not the other way around like it used to be.

Plus, with a purchase price of 190k, the 2% rule would dictate rent of $3800, which I think is unreasonable.

Commercial is a very different animal from residential lending which is dictated by consumer protection laws.

Would I have to evict the owner of the mobile home in order to get them off the property if they aren't willing to pay the lot rent that I dictate?

When an event occurs (a negative event, generally, like a pandemic), it doesn’t necessarily dictate a certain, preordained outcome.

Money wasn’t it for me, it is all about freedom and ability to dictate my schedule.

Depending on what your why is, it may not be a financial goal at all, but really a goal that has more to do with who and what dictates your time.My definition of active and passive income reflects this viewpoint, and I'm curious to hear what others think.Passive income/investing means that I can be involved when I want, how I want - and things keep humming along pretty well. 

As far as my investments go I see myself investing in my general area of PA, which is the southeastern portion generally consisting of the suburbs surrounding Philadelphia OR in the northern part of Delaware, since I live so close to the border between the two states.I guess the market and my criteria will dictate where my investments are made!

Let the tenants dictate what type of amenities they need and let them take the lead on implementing them.