Or your building may have a "surprise" issue that costs you tens of thousands of dollars to fix (but hopefully one has healthy cash reserves to cover these issues when they pop up).Also, past performance itself is easier to see transparently with a rental property than with a publicly-traded company.Even as a CPA, sometimes when I read the financial statements and annual reports of publicly-traded companies, I'm left wondering what kind of tricks they're playing on the inside to make themselves look better than they really are.But with a property, the due diligence is a lot more straightforward.But of course all these advantages of property come at the cost of investing a significantly larger portion of your wealth into a single, illiquid asset than you would if you wanted to invest in a single, liquid stock.Anyway I rambled a bit there, but my personal philosophy is that both equities and real estate are incredible wealth-building tools, but similar to @Andrew Johnson I am much more "active" in real estate.

It depends on the specific community, but generally student housing is more condos/townhomes which have higher HOA fees compared to single family homes (some of which have none).Yes turnover is pretty consistent on an annual basis. 

I don't know to estimate annual income growth, annual expenses growth, capital expenditures, etc.

I ran some numbers on an offer and it looks enticing at 10-11% annualized ROI assuming the property value stays flat over 10 years.

ROI is essentially the amount of return you will get on an annual basis and you can use it to determine the amount of time it will take you to recoupe your upfront investment costs.

These fees are in alignment with our property in Akron Ohio, minus the annual renewal. 

To my knowledge there is no restrictions on the amount of assignments that you can do annually in CA.

By using these three strategies, the private equity funds run by the firm I work for have earned an average of 24 percent annual return for our investors since 2011.                            

Hello,I was wondering if anyone pays an annual premium to an emergency HVAC service company for furnace and HWH repairs? 

I finally got the gumption to take the "risk" and leave my "good paying job" (For reference, that flip made me about as much as my job did annually.