I have been a part-time landlord since 2004 (with from 2-8 rental units at any time). Currently, I have a fourplex and one condo (5 units) but may downsize in the near future. I have even owner financed a couple (one fully, one partly) of properties. I have graduate degrees in law and business and also teach business at a college. So managing a few rentals while holding down a day job is my specialty and the topic of my first book, just out this NOVEMBER. Every Landlord's Guide to Managing Property: Best Practices from Move-In to Move-Out 2nd edition (Nolo, 2017). JUST UPDATED 2ND EDITION (11/30/17): The new edition has new content on added topics, including some of the most commonly asked questions on Bigger Pockets (such as the Pros and Cons of the LLC for 1-4 unit Landlords; CAP EX/Reserves; and tip on Buying an Occupied Unit with Tenants in Place). 2nd Edition now out in paperback and just released on Kindle (as of 12/20/17)... Or try the Nolo.com website as it may be sold out on Amazon (https://store.nolo.com/products/every-landlords-guide-to-managing-property-prop.html?utm_source=nolo-content&utm_medium=nolo&utm_campaign=nolo-related-products) Update: Sold my fourplex! Still a landlord, though.... with my first property (a condo) still rented out...
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