Real estate is always a good investment if you buy right with the right return profile and lock in fixed debt.

Another thing that you should look out for in the terms is the soft and hard locks on income.

Why wouldn't I pull the trigger on this?

Whatever is attributed to the LTR portion will be locked due to your W2 income.

=======Renter seems "inexperianced" in life.Nothing out of the ordinary for someone inexperienced in life.And not everyone is comfortable with electricity--even throwing breakers--but a $400 bill for a breaker flip might make them want to try to get comfortable (PM's handyman's time + PM's time charge for handling it).Coach the renter on how to be a good renter and Collect the rent.Stove knob broken, door lock not working on bathroom, leaking fixtures, ants (or other crawlies) inside the unit, wonky thermostat, warm fridge, ice maker broken, garbage disposal not turning, etc.. expect calls for these things--and provide good customer service for the renters money.Good Luck!

Based on what you're describing, my recommendation would be to wait at least 8 months before pulling the trigger on anything.

However, it may trigger additional costs and add a layer of complexity to your life.

They allow automation of all messages, automation of lock guest codes, canned messages, automated reviews.

- Can I just go by tomorrow to change the locks?

I'm not quite ready to "pull the trigger" on a property yet, but soon!!