I enjoy it, slightly, but if you're looking for a hands off ATM machine, I think you'll be disappointed.A good game plan for you would be to pick-up a few rentals, screen and install good tenants and then hand the rent collection and 2am clogged toilets over to a PM.  

Furthermore, other affiliated chemical manufacturing is enjoying the lower feed stock prices as well.The RE market might soften somewhat, but I seriously doubt the bottom is about to fall out.

This is why I enjoy this industry.

I think it finally settled in and they got it when I moved my family into a big house in an affluent beach community in So Cal, and they could see we were really enjoying life without worrying about money.

Some people enjoy the satisfaction of doing it themselves and knowing it was a job well done.

I don't really know the best answer to your question, but maybe you should poke around mrlandlord.com and see if there is anything there on this subject.When you give a lease to someone, you are giving them the right to enjoy and occupy the property.

If short sales are going to be your niche, make sure you have plenty of time and patience and enjoy sitting on the phone for hours.Regarding the courses, I own Dwan's course and it is pretty good.

However, the tenant's visitors do not disturb the other residents in their peaceful enjoyment of the premises.

I love the idea of becoming free with my time for my wife kids and family with the passive income making us comfortable and being able to enjoy life to it’s fullest, but I’m sure at some point I’d like to sit back and just let properties pay for themselves so my kids can take them all over when I die creating legacy wealth for my family.

That spoke volumes to me and it tells us all we really needed to know about our tenants.We enjoy finding houses and having them rehabbed, as landloards it is so nice to call our PM about a week before we complete a house and within a couple of weeks of being completed, the house is under lease with tenants we are confident in.