That's the biggest misconception CPAs (and attorneys for that matter) have.

Our biggest challenge right now has been in building a successful relationship with a great property manager. 

Price $150,000Rent per month : $4100My biggest concern is insursnce.  

A flipper just sold a similar duplex on the same street for $180k.This down payment will be the biggest check I have ever written so I am a bit nervous right now!

If this is the biggest problem you encounter as a landlord, consider yourself lucky. 

One of my biggest concerns with small claims court was how much rent I could claw back if it sat vacant for longer than one month.

I think the biggest downside is the tenant getting frustrated with all the handprints and dirt etc.  

My biggest question was why someone with the ability to purchase would split it 50/50 in the first place - something you brought up as well.

The biggest reason and problem is that most investors ( I was included in this when I started) do not take the time to create a solid business plan for their rental property business.

Houston is home to 2 major airlines (United and Southwest) , NASA, Hewlett Packard, The biggest Medical center in the world (if it were its own city it would be 16th in the country), Rice University, One of the largest exporting ports in the country and when the Panama Canal is finished it is predicted to be the largest.There are over 250,000 Non-Owner occupied homes in the greater Houston area and 65% of the city rents.