Renting out property is a lot more than a large initial financial investment.
Most people I know who do well in that space do so after several years. Once they learn how to be a landlord, learn the quirks of the market they invest in, etc, it can be pretty low stress, although not necessarily hands off.
But if you're just starting out, you should expect to make some mistakes and run into some headaches as you figure things out.
Most people I know who do well in that space do so after several years. Once they learn how to be a landlord, learn the quirks of the market they invest in, etc, it can be pretty low stress, although not necessarily hands off.
But if you're just starting out, you should expect to make some mistakes and run into some headaches as you figure things out.