For a time conscious investor this is a great benefit as it substantially reduces the maintenance that you are responsible for.

They don't eat grits in Chicago.

I am anal about painting quality and as previously stated, fixing their mistakes costs more than eating the cost on the front end and charging it off to goodwill.

One area to be conscious of in due diligence is the potential for state regulation under subdivision law of the acquirer as a "developer" once a certain number of units in any one condominium development is acquired.

They will eat your cash flow faster than you can say "the water's fine, jump on in".I am down to one rental with a pool.

@Tyler Fernandez, first of all let me commend you in being unafraid of eating the elephant.

And not surprisingly, her home is very well kept (can eat off the floor) and everything that breaks is fixed asap.

Forward anyone to our attorney(s) and eat the cost but let the attorneys deal with the stress.

If I tell you that you should stop eating meats and dairy products...  

I am also going to cut back my eating out so my total food bill per month should be around $400 for me.