If you say that your property won’t pass an inspection, a “professional tenant” might file a complaint against you saying that you are not even giving them a chance, hence discrimination, hence you are paying for your ESQ, while they enjoy the free legal service on your tax dollar.

I am new to posting but have enjoyed the community for some time.I am considering purchasing an investment property (US land) where I will eventually build a vacation home that also generates rental income when I am not there. 

So maybe the key for you is finding a lender you enjoy working with who has their ducks in a row.

EnJoy this great counties birthday today.. 

You have the right to a peaceful enjoyment of your home.

Like @Alex Presnell, I enjoy the personal home automation bit. 

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And I still have plenty of time to acquire new properties and grow my investment business and live my life, enjoyably.

. :) (I'm rarely in the city when I'm not working)Eventually I can see myself scaling out to LTRs and hiring a property manager so I'm no longer putting in the amount of work/oversight that I currently am, but that will only come once I've hit my cash flow goal to replace my income; I enjoy interacting with my guests (most of the time) and it's not too time-consuming.I've taken a different approach than Tim has with my properties - I'm buying smaller ones, with a smaller up-front investment and (moderately) higher COC, but the trade-off is I have multiple properties to manage in order to achieve the cash flow Tim's getting with one.  

does a PM handle the day-to-day rental operations and let you spend your time in other (more enjoyable)  pursuits...Yes.