I am specifically curious about how intense the day-to-day management aspects are (or if you have hired someone to manage this), any issues with internet connectivity based on specific professions (I have been warned off photographers and folks who regularly video-conference), along with any revenue-generating value-adds you have employed and rough profitability vs. any other commercial or residential investment properties you have.

That said, being nasty to people who are putting in their own free time to help you isn't likely to produce the results you're looking for.

That means you go back into them on a regular basis.

Consequently, it's virtually impossible to get to the properties when it's snowing so we try to prepare the tenants to help themselves.If we had regular snow, we'd do a snow blower and clear after the bulk of the snow was done.

These strategies, if properly tested, can produce very good projections with, in practice, very low risk and high return (e.g. more than 10,000% pre-tax return with max drawdown less than 10% for the last ten years).

@darren sagar,My goal is for my wife and I to purchase enough properties to produce $4,500 a month in cash flow.

Just primed, filled seams with non shrink drywall mix, then put on a very heavy hand trow texture with regular joint compound.

Sadly, I see these situation fairly regularly (of course, you have to consider my business and clientele).

They should know basics, but they often give wrong information and I find myself correcting it regularly.

We bought our first property in Aug and rented it for Sept 1 and were able to count that as a year when getting a new loan because it was on our tax returns - so essentially we were landlords for 1 year and 4 months but they were fine with it.Note that if you take a loss on your tax return that money is taken out of your regular income and will hurt you when applying for a new loan