As an alternative to no car or 1 car for couples you can look into auctions & cars with salvage titles & no frame damage & have no car payment & minimal ongoing costs compared to Uber & public transit.

@Matthew PaulYou just solved an ongoing question for us.

I've seen deals with unusually high front loaded (acquisition fees) or asset management fees tied to the overall capitalized value of the deal rather than being tied to the ongoing operations (income). 

Get it on Audible, it totally relates even if you don't plan on going out of state.

Referrals end up being the best source of dependability, however developing a long term relationship overtime becomes vital.Lastly good old Property Management- As tenant management becomes the most important part of the ongoing cash flow, having an individual or team that is reliable becomes ever more important.

I would’ve save myself three years of ongoing litigation to prove fraud!

And, I have an ongoing issue with the tennants flushing improper items down the toilet (tampons, sanitary napkins, baby wipes ect.).

One thing that I learned (which is nothing new) was that just taking action, making mistakes (within reason and with proper decision), learning from those mistakes and to keep on going, was the best teacher for me.

Other than the ongoing maintenance expense (annual fees, etc.), is there other downside to this situation?

I fear it gets normalized compared to other properties.Insurance diligence is ongoing, but the hazard insurance is ~$7k a year and covers loss of rental income.