But just foreseeing how it could turn into a miserable chop shop. 

At the end, you'll look back at a fulfilling and luxurious life, while they will still be driving a beater to Home Depot to buy replacement light bulbs on a Saturday.There is a difference between smart investing and being a miser.

At all times remember, at the end of the day, quality of life is why you do this, so don't hold onto property that makes you miserable.

I suggest talking with a lender to make sure you understand everything that's involved.Secondly, if your wife is against this from the start, chances are she will be miserable and blame every little that goes wrong or irritates her on YOU! 

A great deal can fail miserably from and inexperienced operator. 

If nothung else make them miserable dor awhile so they dont treat future landlords the same way. 

Too often, we're focused on external aspects of "accomplishment" and "wealth", and assume that if we're not externally succeeding, then we're failing miserably at life. 

You pay them to torture and negotiate against you and make you miserable.

The problem is people get jealous and they want to miserable like them and be stuck like them .

I don't want to sell because of the significant tax hit; doing 1031 exchange is also problematic since I don't find anything attractive in the Seattle market today; the cap rate on the rental is about 3%, pretty miserable.