Not bad at all for a property we spend $50 to find, have $0 of our own cash into, and enjoy a 30% equity cushion on. 

I think I would genuinely enjoy hiring contractors to fix up a home in a vision I see fit; and of course I would enjoy the profit off the sale of those flips.I have a decent job working as a government contractor in the IT field, but I have a dream to be able to leave that work and go all in with real estate someday. 

Management is difficult to say the very least.Those clients that have a few larger MF investments, or a number of single-tenants NNN retail investments (where tenants pay all the expenses, and there is no management required), actually can enjoy having full-time jobs along with their passive income if they like. 

I enjoyed Crushing It In Apartments and Commercial Real Estate and The Perfect Investment.

ALL my secrets for free for anyone and everyone to enjoy become rich and famous.

I work in program management and have led an amazing 20yr career doing work I actually enjoy.  

Very few have been operated as a business...most are, at best, a hobby, where the Owner enjoys doing handyman work (often of dubious quality), at worst, an absolute "investment" Gamble, with no regard for tenants, laws, or much of anything but spending the absolute minimum while collecting the most money possible until their "cash cow" implodes.

I go for the triple ones with 15%+ cash on cash, and also some that have little to no cash flow up front (build to rent) but double or more the investment in 2-3 years and then enjoy infinite returns from the cash flows for many years after.

I personally wouldn’t be happy with $65K per year gross rent on a $580K investment.If that was the best I could do, I’d instead buy $580K worth of shares of Phillip Morris stock and enjoy my 8%-and-rising dividend and collect my checks.

They’ll handle everything from renovations and repairs to listing and leasing—allowing you to sit back and enjoy a nearly passive stream of income from your out-of-state rentals.