There will be stuff like this that activates your "spidey sense". 

Also, my brokerage has a handful of investor clients that actively run MTRs and STRs in the area. 

i have much higher expenses and more headaches of course, but cash flow is higher.most major tier 1 or tier 2 cities should have significant enough rental demand to be able to implement this strategy pretty successfully. 

There are likely active real estate investing groups for Tacoma and the surrounding area.

If you have no desire to actively pursue other investments where you make more than a 2.8% return, then by all means pay it off faster.TYFYS and best of luck!

Income from leveraged real estate or active business income.

To them, everything takes "5 minutes" to do.The entire PMC industry has major challenges when it comes to handling maintenance, so it's a featured topic at most industry conferences. 

Investors are particularly interested in properties near major universities, as they offer stable and growing returns.

But if you get a major expense you could then potentially have a decent amount of debt.

,While no investment is completely passive, proper real estate investing should be relatively boring.You asked about the process and major considerations.