[verylongname]

I inherited a house and condo from my parents. They are in California and purchased long ago, so the property taxes on them are ridiculously low (the condo, worth about 700K has a property tax valuation under 150K ... thank you California taxpayers).

I rent them both out I pay a management company to handle maintenance. I screen tenants myself, and so far I've been lucky getting tenants who stay for fairly long periods. I clear about 5K/month after maintenance fees, taxes and insurance. Its very little work.