Like many here , I'm sure, we work for some rental,complex owners.
Most that we know have earned their money elsewhere and invested in rentals. Being well funded is key
Repairs are expensive at times. Helps if you're handy or,if you give a break on the rent to a handyman tenant
Expect the unexpected...had a water call couple weeks ago from one . He then got an unexpected,'gift ' from the town . His quarterly water bill that was $7000 higher than normal due to leaks in the units plumbing
Next month he is dropping $75 grand to upgrade the heating system and controls before winter
Collecting rent checks sounds great but ...
Renters don't give a shit