We have trouble getting vendors and staff to go to certain parts of town, that's a bigger issue than if the office is willing to deal with the paperwork of section 8. 

It would not at all be surprising to find out the lot has building issues which is why it has remained empty, regardless of existing utilities to the lot.

Landlord policies often cover rental income loss and legal fees.

I mean I got one last week for a broken shower head but that’s kind of the sort of issues I usually run into.

But I will say that Cody's stuff I am sure is accurate and its how you would go about tying up dirt and who to work with etc etc.. the issue is they are making it sound like 10 hours a week will make you millions.. 

Sifting through sooo much information seems to generally be the biggest issue. 

I work with a lot of consulting clients that have this same issue for their midterm rental.

Hello, I am just starting out and have my first property renting out bring back around $900 a month while no maintenance or other issues arise.

The only other tax issue not covered is how long you need to hold an asset before selling it to have the profit considered capital gains versus ordinary income.Check with a tax professional on all this.

@Ran Fridman the main issue most owners run into early on is that whatever tool they are using for accounting isn't robust enough for tax time.