I personally would rather a few properties make up a sizable chunk of my net worth vs. 100 doors that appreciate a thousand a year.

Getting your brokers license is definitely not worth it if you're only doing small scale property management with it. 

@Shayan Sameer If you can service all debt and property expenses and have money left over then I'd say it's worth it.

For me at least, doubling my profit is well worth the extra two months of expenses on the market.

Gotta know, by the #'s, if the juice is worth the squeeze. 

Texas tends to favor landlords in these cases, but follow the legal process exactly—any misstep could delay things.As for protecting against retaliation or property damage, installing security cameras (if you haven’t already) to monitor common areas might be worth it.

The 2-3% points in extra cost are worth it if you plan on using as I described above because the use would be for a few  months at most and due to that short term use you can survive a rate adjustment up.But, if you have no plan to payoff the debt like when using for a down payment on a long term hold why pay the extra cost for flexibility and have the additional risk of the adjustable rate with the amortization looming when you can get a fixed rate second mortgage. 

When you build enough capital/assets/net worth to afford a reasonable monthly cushion you can see if the lifestyle of a full time investor is something you’d want to pursue.  

We were initially looking out of state for a potential move and or investment property just because the property taxes without being able to homestead, plus high cost of insurance, and harsh weather on homes made me feel like it might not be worth it.

Well I just brought them a portfolio for $3.4 million worth $6.5 million and now they don’t do this kind of a deal.