Yes, the headache will be there, but sounds like you'll have a team and if you can target 8-10 of these deals, you'll have a nice stream of income...

I don't focus on residential or TK but when looking at those properties and areas look at various companies  and compare and contrast risk versus benefit.In those bad areas to find a good property manager you might have to pay 10 to 12% or more management fee as the tenant is more intensive and more difficult to protect the income stream.

I help and show people how to create streams of income so they can start building a retirement real estate portfolio.

One lesson learned from performing my first eviction on another rental--I let 1 family tie up my entire income stream.

Our goal is to increase our net worth, to help supplement retirement income down the road and to currently provide a stream of cash flow to enjoy some of the finer things in life.We both work full time in professional careers and have so far found a way to manage careers and the real estate business while keeping up with two kids (15 yrs & 20 Yrs old).  

As a business rental properties have two separate cash flow streams, the property itself and the income generated by the equity lying dead in the property.

Single family homes are not valued based on cap rate because most of the people buying those homes are not doing so for a passive income stream.

These are my influnces for wanting to learn how to invest.Why I'm hereAfter obsessing over the subject for the past two years I've concluded that flexibility is gained through having multiple streams of income, but that caused me to hit my current roadblock: time.

Hey everyone, I'm new to the forum and wanted to take a moment to introduce myself.I run a small analytics consulting business in Boston, and develop data science courses for several online education platforms.I'm interested in real estate investing as a means of diversifying my portfolio and providing additional streams of passive income.

Probably more profit in the alternate strategies you've been pursuing, but a steadier side income stream may be desirable ...