Excited to be a part of this community and look forward to the challenges ahead.tons to learn.ThanksRob

I’m a cop in Chicago and I have the unique opportunity to see which neighborhoods are changing before the main investors even realize it.

Hi BP,After listening to a million BP podcasts, and getting motivated by @Brandon Turner's 90 day challenge.

Please correct me if in error but unless you fix the crime, salary, and schools you may have a challenge renting all these new high end homes you just spent millions on.

He said just having that option contract makes evictions more difficult, and that I will be challenged to return the option fee.Do you mind sharing some details on evictions you've done where you had a lease option?

Obviously, I'd need to hire a property manager if I went this route, but I'm curious to hear the challenges, or benefits, that come with long distance investments.3) Is "retiring" and living off your rental portfolio a realistic goal? 

My situation is unique in that I'm already 5 years into the 15.

But the demographic challenges remain the same.

I see potential challenge.

It is "the yellow book" covering all the basic rental practices and even imparts the unique landlord sense of humor you will develop over time  (via the funny cartoons).