However, security deposits here are not allowed to exceed one month's rent, so the amount of damages upon which you can collect is truly limited.  

At the time everything is in my head, but I found that after a long day of previewing and trying to gather and collect my thoughts, that everything is a mess filled with bad photos angle, even worse videos of me running from room to room with the camera pointed to the ground or the realtor's butt, and illegible notes that seem meaningless afterwards, or even no notes bc it was all in my head at the time.. 

Rent collected for 2 units $2300.

Additionally, Airbnb collects and disburses taxes to my state, city and town which eases my paperwork burden.

I suppose it will be useful when I collect rent in less-than-desirable areas.

There's nothing like total immersion to become Baptized as a landlord IF you're willing to tackle the tasks at hand.Here's what you'll need to do in short order:Crash course on landlord/tenant laws in your stateSet up (separate) systems for marketing for target tenants, screening/vetting prospects, easy rent collection, bookkeeping, contractor/handyman management, etc.The three best educational resources I can offer:Fixer Jay Decima, of 'Tenants & Toilets' fame (lower-end), Mike Cantu for mid-range tenant management, and David Tilney for the higher end of the market.

If you want to stay passive just buy a retail strip center etc. and collect the checks.

I have a mobile home I'm trying to be rid of that is worth 10-15k, it collects 450/month.     

Most new investors believe that the only value of a property manager is to collect the rent.

Thanks Dawn - that's a useful collection of posts.