In my city if you simply go through the motions to rent out a house the laws will ensure that you go broke if you don't continue to adapt. I studied to be an investor, not a landlord. You could say I was a landlord for a while but I pushed through it. I'm now financially free through cashflow (and most landlords around here are still working hard because they never do a good job fixing up the houses or finding tenants therefore they have constant turnover and that's where they lose profit)...
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from How to Identify Entrepreneurial Investors from the Broke Landlords
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