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The financial numbers have to make sense, etc., pretty much a given. There are any number of really good websites that can help crunch the tax math, the % of occupancy math, etc.
I am also sure that the practical advice you'll get here will be invaluable.
Having owned rental property in the past (I do not now), the number one question you have to ask yourself is, "Do you have the personality to be a landlord?"
I did not. I bought more sad stories than Oprah, found myself willing to forgive rather than enforce where some tenants were concerned.
I do not like being a harda$$, which is often the exact right tact.
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1996 FJ80.
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