I agree about the sticker shock checking things out online but with the vast majority of properties here 100 years old, and most severely neglected, the maintenance and heating costs alone are absurd and almost every one will need a new roof, foundation work, lots of electrical work and more significant repairs that just make it a nightmare and the low prices not worth it in the long run (in my opinion and those I've talked with in the business up here). 

Also, how would you craft the agreement so that you are protected but it is a win-win for everyone involved.I recently listened to one of the older podcasts, where the subject to is crafted in a way that gives the initial buyer a 60 day option to find a buyer wanting to do a lease purchase.My good friend owns a nice 2004 3/2 down the road from me and she is recently divorced but is stationed in CA in the Air Force and can't afford the maintenance on it...she has rented it the last year but couldnt get the rents because of some of the deferred maintenance issues so she can't even cover her mortgage now.  

We provide property management, maintenance, renovation, and real estate sales.Feel free to contact me for more info.

I got some front load ones that were a maintenance nightmare.

That's a negative return even without vacancies/maintenance/capex.  

Those are the landlords that tend to procrastinate on property maintenance. 

In order to be "impenetrable", your "veil"(s) must properly established and properly maintained.As for burden vs benefits, let's see here...Maintenance: $800/yr or somewhat more.Lawsuit resulting in judgement against you: potentially $MillionsDunno, guy.

I did find out that one of my duplexes' maintenance had been lacking because the owner knew he was selling it.  

@Simon Shih Property management is definitely an important component, but you can also buy the right property that will require less management/maintenance than others.  

Im thinking I may have to start out in a maintenance man type position.