Geo-TH,In: Yes my wife and I do own rental property. I learned what not to do from my Grand Father. He was a great man and farmer but a terrible landlord. He ran his rental house like you would an old mule. Feeding it little and wanting the sky out of it. LOL He would do few repairs and then would just lower the rent to get some one to rent it. HE was always getting beat out of rent. He really asked for and deserved it most of the time. When you lay with dogs don't be surprised by fleas. LOL
I bought my Great Aunts' houses when they went into nursing homes. That would be back in 1989-1990. I fixed both houses up and charged a good rent. I still have yet to do anything other than normal maintenance on those two houses. None of the torn up houses by dead beat renters.
I guess I am living in an area that there are good renters to be found. This area is slowly growing. If your in many states in the rust belt your screwed on finding good renters. People with good incomes are leaving in droves due to taxes and poor local job markets.
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