My goal was to buy one to two properties per year for the next 5 to 10 years and then sit back and collect while managing or hiring a property manager to do so.

The pay off in the short term being relatively small compared to fix and flip or a wholesaling strategy, but should pay off in the long run and allow me to continue to collect income without having to be actively involved  on a day to day basis.

They'll be happy to move forward on the deal and collect on both ends. 

Tenants late on rent, send your "muscle" to collect.

I feel like we’re due for a correction soon and I’m worried about being stuck with a $500k+ home when the music stops.

I have considered multi-family but don’t know if I will dive in there just yet.I have a goal number in passive income I would like to collect a month and will adjust my investment strategy based on what I see when I jump into it!

There are countless stories here about landlords who think it’s as easy as collecting a rent check every month and get in way over their heads.

We have moved to a NON-REFUNDABLE reservation fee to hold that is collected to hold the unit for up to 14 days if a tenant is not ready to sign the lease and pay ALL the move-in funds.

The only thing technology has done has permitted long-distance stuff to be done a little easier, and perhaps automated some of the administrative side of things (rent collection, work orders, etc).

Consider that each $800 increment you collect in rent is another $100k in purchasing power.