If you can't keep control of your personal finances, you are highly unlikely to succeed in real estate investing.

I personally like white trim, but if everything is in good condition and stained-just keep it.

Alternatively, the standard third party manager is incentivized to increase revenue and only control expenses to the level of NOT being fired.  

- Loan Type and Liability: Implications of personal vs.

What if one person wants to sell, if one person gets married, when repairs are needed or someone wants to do renos (for cosmetic reasons). 

Plus you can call them when they area bottle deep and ask for some personal referrals!

Hi Gustavo, it really varries for each person.

I am considering keeping my current personally owned home/farm and renting it as horse owner property. already completely set for 2-4 horses. my personal interest rate on the property is 2.6% and I don't want to loose it.

The average person can totally achieve financial independence easily with education, self-discipline, and consistency. 

Communicating effectively with tenants your exact expectations can help guide them to your specific standards.