I have a handful on rentals now and I genuinely enjoy doing them, but I think I'll be switching to something else in the next year or so.

Check out the Free Beginners Guide this should give you some ideas.Also check out posdcast #25 where four new investors talk about how they got started.

Feel free to DM for a discount code.

If your return is approximately that of the S&P 500 - around 10 percent annual - you will have a nice sum of $280,000.On the other hand, let's say you buy a $500,000 cabin with 20 percent down ($100,000), on a 15-year note. 

Appreciating coastal properties are perfect for hands off investors...set it and forget it...no need for precise execution. 

If you need some recommendations, feel free to reach out.

Emphasize the importance of maintaining a smoke-free environment for the health and safety of all residents.Impose Penalties:If your lease agreement includes penalties for smoking violations, make sure to enforce them.

Passive income preferred, with minimal hands on needed.

If you think rates will be consistent for the next couple of years and you'll have consistent deal flow to use the funds I would tend towards doing a cash-out refi on the existing property that you own free and clear. 

Feel free to message me if you want to chat further.