She said her boy friend came over 'occasionally'. 

Which we do occasionally. 

However, you do get occasional flooding and or high winds in the area to my knowledge. 

For him he is ok with it as he puts tenants in once a year and then sits back and only deals with the occasional issue.

Even good tenants occasionally make a mistake from time to time.You also may want to rethink what you state, as it puts you in a very tight box.

Just reading books, blogs, forums, listening to the BP podcast, and attending the occasional local real estate meetup in my free time.

I may loose out occasionally from this model, but the time I save by focussing on my performing clients more than makes up for that lost business.

I am a RE agent with a reputable company working as a full-time property manager and sometimes do an occasional sales transaction. 

Also just a quick add on is that attorneys do not do purchase and sale agreements in all states as the norm.With my deals in Georgia I most of the time do the purchase and sale agreements,addendums,etc. between buyer and the seller.Sometimes occasionally the buyer or the seller will send to the their attorney for review and they will give their blessing or tell them one thing they want me to add in etc.So here attorneys are not always involved except that we use closing attorneys here instead of title.It really depends on the complexity of the deal and size.LOI is just expressing interest.I like putting them into a purchase and sale as binding as soon as possible.

.- Landlording/owning the property is mostly smooth-sailing, but at occasional times can be aggravating, time-consuming, or stressful.If I sell this house, I would not immediately buy another property.