You don't have be "fire fighter" mode in order to be in real estate as you probably know and be stressed out.

Of course he's pushing it as a great buy.. he wants it off his hands, no one sells a house b/c it was easy money and wasn't stress...  

I should be clear by saying I have not made any offers yet.I just listen to all these Podcasts and books that stress "getting them under contract."

.... but what they don't see, is all the hard work, stress, insane hours and amount of BS you have to deal with.... so whenever someone asks me,  I tell them...

A good rental with some decent equity (30% +) is worth the opportunity cost and stress of having everything financed to the max.I learn from both the new guys with lots of time and the older guys with lots of capital. 

interesting I appreciate it.this first one we wanted to do with very little leverage I don't have much of a problem with leverage but before I use it I want to build a stable rock first so that raising a family is as least stressful as possible so I wanted the first property that we live in and househack to be nearly payed off or completly payed off. however after this we will most certainly be using leverage. but between my lack of experiance and not knowing how much I would even enjoy managing my own propertys. and just the unknowns of employment and realestate especially being fresh out of college like being laid off or even how to do alot of the lead generation for tenants I would perfer to have a buffer against that before we go all out with leverage. that way if I stumble we can keep moving forward and a mere stumble doesn't stop us in our tracts

Obviously the purpose of a management company is to relieve you from all your responsibility, stress, and headaches that come from managing your own home, especially out of state!

This has made my life so much better and less stressful so I can actually focus on bigger and better projects. 

Technically she has not given a full 30 days notice so there is probably another week that she would owe but I am not stressing myself over that - happy to get the apt back month end.Then she comes back and says can she use security deposit in lieu of final month.

Before I actively look for an investment property, I am putting a plan in place because i feel like having a plan helps the process become less stressful.