He does stuff around the house but I still have to hire out the "occasional" repair man.

altho i do most dishes cleaning yard work.i think i would njoy having 11 people n me in a quad.

Is it worth (both in time and money) advertising your unit, showing it, securing a new tenant, turning over the unit, etc. or would keeping them and dealing with the occasional hassle from them cost less (both in time and money)?

Occasionally we get a tenant that needs a keeper, and they think that's our job.

So they study and study and crunch numbers and read books and they talk to their wives, and years go by and they get the occasional comforting promotion and raise...and they don't do a damned thing, just talk about real estate investing and lurk in the forums and pop out occasionally to congratulate someone who looks like they're doing well.I'm 44 years old and I have multiple close friends just like this.

I will make some referrals occasionally and get a nice referral fee like if someone wants to buy a nice home in the Napa valley were I used to live I refer them to broker friend of mine or I have made some referrals to the brokers who work for me in Charleston.. and referral fees are nice these are high dollar and tend to be 10k plus for just  sending a name.

Maintenance is likely to be higher, turn over higher, vacancy higher… the second thing I would encourage you to consider is the existing deferred maintenance, occasionally when people are selling its because they weren’t able to keep up with the maintenance, so don’t be afraid to walk away if the inspection list comes back a mile long.

For the past few months I have been doing nothing but listening to Bigger Pockets podcast while in my car, at the gym, while doing dishes, making dinner, or falling to sleep.

thanks, Stephen i started it just hours ago and am going the poured-concrete route.put a bulkhead (shower drain) in the middle already of the framed 'pan' with 3" recycled abs leading to my garden irrigation channels.pretty much the only chemicals that will get added to the grey water will be very dilute antibacterial bar soap and the occasional leak while showering that cant wait after a few beers gardening under hot socal sun so hopefully the system's ecofriendly to.

I send a cleaner in once a month (maybe every 3 weeks) for mid-term stays (no laundry, no dishes - just clean the space).