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by aggieben
4294 days ago
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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. |
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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.