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by steven777400 4300 days ago
This is a workable plan, but as a note, I had a friend in this exact situation do this exact thing (except with 4-plex apartments instead of houses). He burned out pretty quick. Dealing with tenants can take a lot out of you, especially if you try to leverage yourself by buying properties in the bad parts of town.
1 comments

My answer to that would be either (a) be more selective with the tenants and (b) consider hiring a management company after the first few properties. They take a bite of of the profit, but it might be worth it in the long run.
As a landlord:

A) is rather hard, profiles and credit reports don't tell the full story and lots of odd things happen during a lease.

B) makes sense when you have >2 units to lease (SFR, flats, whatever) and at least one is cash-flow positive. And they will save your mental health.