In response to y most recent Yellow Letter campaign, I had a owner call me looking to sell a duplex that is in GREAT condition and cashflows VERY well. 

Real estate is like the stock market - up and down, but normally good for the long haul. 

You can hire a service, but then you don't get to keep all of the money, and you will still have to deal with them when there are problems.As a tenant, I hate having to haul my laundry to a community laundry room, whether it's in my building or down the street.  

But a plus is that it forces you to keep your properties in reasonable condition - which, if you believe in "pay now, or pay (much more) later" as I do, is probably a good thing on balance.I wouldn't say try it on your first property, but if you're in RE for the long haul, and aren't philosophically opposed to section 8 (some are, and I understand that perspective too), then I'd recommend taking a section 8 tenant at some point just for the experience.

An early bad review will hurt for a long time.If you're in it for the long haul, I would be aggressive on price, but don't give it away either. 

If that logic is true, then I guess that means that if the tenant has any other crazy thing in the home, I'm liable if one of their buddies injures themselves on that too.I'm not saying that isn't possible, but I am questioning how our legal system allows that kind of silliness to go on.A landlord should not be liable for any toy some tenant's friend hurts themselves on.

My truck has converted from a toy to a tool and it has many more years left in it before it will need replaced.

Plumber made 2 calls(which i paid for)snaked out drained for day then stopped up again. called the third time and I went over and took the drain and trap apart before I called plumber; found a toy car in the trap the plumber apparently missed.

Called the metal recycler and he hauled it away.

It that's your biggest mistake in real estate, you will be a winner in the long haul.