It's not perfect - I have pine trees, so the needles still get through and the gutters still have to be cleaned occasionally - but it definitely helps a lot.

In addition to books, simply engaging the community in the landlording forums can provide you a wealth of info in this area, most of which is hands on (which most books lack).Vegas - You are in a perfect location (from my perspective) for landlording.

I stay far clear of holding these types of properties and am glad to pay a PM to do the "dirty work" for me, regardless of the additional cost and this is the perfect example to answer this common question of newbies: Should I buy a multi unit and live in one of them so that I can get a owner occupied loan rather than a NOO loan and also be able to avoid paying cap gains sinc eit is a personal residence?

I don't think there is a perfect answer but in general, most folks will quit as soon as the going gets tough.

@Benjamin Spiegel Montclair is a perfect example of a town where the calculators would say it's a terrible deal and you will never be at the 1 percent rule on a multi most likely, but the deals are still good because the appreciation and ARV is off the charts and isn't going to stop.

I think that investors need to shift their strategy with the market, and this is a perfect example of doing so.   

From creating a delightful checkout experience on a mobile app to planning the perfect surprise lunch for my girlfriend.

IMaps can help as a tool, but it isn't perfect either.

So the lender either forecloses or has to do a workout on the loan.The non-recourse debt more of your cash flow is trapped due to heavy reserve and escrow requirements accounts for the lock box.Local banks do not usually have those requirements for a loan but they also require personal guarantees.No perfect loan out there. 

Yes I think a small multi would be a perfect start for me.