He said just having that option contract makes evictions more difficult, and that I will be challenged to return the option fee.Do you mind sharing some details on evictions you've done where you had a lease option?

Given supply and demand I'm guessing rental prices wouldn't go down by that much.

Obviously, I'd need to hire a property manager if I went this route, but I'm curious to hear the challenges, or benefits, that come with long distance investments.3) Is "retiring" and living off your rental portfolio a realistic goal? 

This is just how supply and demand works.

I see potential challenge.

You're at the 2% rule which is good......my concern is if it's a $20,000 property it is definitely in an "F" area so you may have some challenges regarding keeping good tenants, collecting rent....etc. 

Now they have more work than workers so they raise prices (supply and demand).

Here are options including install- 1/ used good condition 3 year old Air handler never opened, 8 year old used compressor, wireless thermostat - $2400 2/ $2700 for 3 year old air handler never opened, 1 year old used compressor, wireless thermostat 3/ 3 year old air handler & wireless thermostat - $17004/ we supply units - he installs them for 1300 5/ everything brand new with warranty and install for $4200Thank you.

Not that it would be the most ideal thing for most people, but if you're idea of paradise is a house overlooking a lake on farm within an hour of a major city, those are in ample supply all over the country for a fraction of California prices.I find that Denver is one of the nicest places I've been. 

Amazon could feed themselves with a steady supply of loans by buying the seller's home through an affiliate so as to capture their mortgage on the buy side.