You still have the leasing activities (placing ads, showing units, screening tenants, occasional evictions, handling move outs, etc.) but a highly organized file system and "punch list" collection should keep those activities manageable.

In other words, an occasional "missed payment" isn't necessarily gone forever.The second deal I invested in with them was in December, 2017. 

he is one of the few Texas experts that teaches occasionally and has a good support system...and it is not $40,000. 

I have listened to a lot of Dave Ramsey's stuff and also occasionally struggle with going his route of all cash vs using OPM (Other People's Money) to do further investing.

When I owned 11 turnkey rentals in 2015, I experienced occasional losses on some of them for the annual basis, but overall, the performance was strong, and I earned good cash flow.

Occasionally their speakers have something to sell but always educational and meaningful.  

So me my mom and my brother and occasionally some friends would go to a neighborhood Sat morning at 6 am and walk the streets handing out my dads direct mail piece while my dad was up at the property working.. then that week we would get leads back from those door hangers that went to my dad directly without going through the company.. company did not care were you get the leads. in 12 months my dad is now top 5 in the State for Boise Cascade and within 3 years is off on his own buying his own ranch's and subdividing them and hiring agents to work for our family...

Samuel, Michael spends waaaay too much time on some 'other' forum which I visit occasionally to get some clicks on my signature back to my site.

The front doors are still the same, they have a door lock, they swing back and forth, but the $300k home will have fancy glass in them, and occasionally the cheap one will have bars.The $300k house might have a 50-gallon water heater, or a tankless, which are more expensive than the standard 40-gallon water heater. 

We have a group of guys that get together twice a month, officially, and occasionally for lunch!