Quote from @Chris Bishop: I managed properties for my father since I was 12 (now 32) and am prepared to do what it takes to renovate, manage and maintain a sizable portfolio.

Real Estate agents taking 3% of my home's value during sale without doing any of the work to maintain the house or in any way contribute to the value of my property does not sit well with me.

I purchased an investment property under LLC and maintain its rental income in a business account.I am now at a point of purchasing another property and would like to use the rental income towards down payment. 1.

We have a custom SFH that I built in 2021 (I am a custom home builder).So I have all the contractors I need to maintain the property. 

You will have to have a set of very clear rules, consequences for breaking them, and a way to maintain oversight.

Instead, you get:✅ Higher cash flow than traditional long-term rentals✅ Lower vacancy risk compared to short-term rentals✅ Reliable tenants like traveling nurses, corporate relocations, and digital nomadsIt’s the best of both worlds: less stress, consistent income, and tenants who value a well-maintained space.I coach investors and landlords who want to start or scale their midterm rental strategy — from setting up your unit, marketing it on the right platforms, to building a sustainable system that frees up your time while increasing your returns.If you’ve been curious about MTRs or want to know how it could fit into your current investing strategy, let’s connect.👉 Drop a comment or DM me — I’d be happy to help guide you through it.

Ultimately, passive investing is ideal for those that already have very high net worths and/or plan to maintain their high incomes for quite some time.  

Here is a question for you, after you placed a tenant, during your 3/4 inspection, you found out the property is in a less maintained condition that you'd hope for (I'm putting it nicely), what would you do? 

It is a lot of work to set up and maintain even with a PM.

If the condition is similar to the market average but your rent is severely under market rate then I take an average between the current rent and the market rent and send them the following message 2 months before their lease is up (assuming you aren't in a rent control market),Dear Tenant,Some nice words and remind them that their lease is up within 2 months, please select the following options about their new lease, also mention that you are doing the best you can to maintain the rent as low as possible but with inflation, insurance and property taxes increasing, you have to raise the rent to keep up with the rising expenses. 1.