IMO the biggest items are that you bring something to to the table that I don't and that we have similar values and goals.

I think the biggest risk would be you see the rental rates come down causing you short term cash flows issues.

Otherwise I hardly ever hear from him and I know in hearing from others, turnover is a landlord‘s biggest issue.

Also, with regard to the Property Management, I would advise you to not fall into the trap of not factoring this in for two reasons:(1) Even if you manage it, you could pay yourself the PM Fee as payment for your time spent on the management of the property; and(2) If you ever decide to hire a PM, you already have that factored into your numbers and so you can be confident that the numbers still workThe biggest tip that I can give you is don't handicap your income potential by failing to account for the base expenses that need to be considered when assessing a properties ROI. 

The biggest reason I would like to do it is from the aspect of my tenants paying the student loans back for me.

New furnaces, windows etc etc etc.Address:  15 Ridge Avenue, Dayton OHIMO, biggest risk is neighborhood. 

But the biggest factors are more likely that the cost of living in cities like Seattle has exploded.

My biggest headache thus far is ensuring that I have cleaners scheduled for turns (one gets mostly 1 night stays, so it's almost a daily thing). 

And that is the biggest difference between a good HML and a bank.

He got his license in early 2020 right before Covid hit and his biggest asset is networking and talking with people.