Some tenants/people live paycheck to paycheck.
A successful landlord and real estate investor cannot live rent check to rent check.
If you cannot afford to have a property vacant for several months, if you don't have reserves for major unexpected repairs, if you can't be bothered on nights/weekends to visit your house, you have no business in being a landlord.
Real estate is about cash flow and investing. An investment generates positive income/cash flow. Real estate is a long term play. You need to invest your time in finding the right property at the right price with the right renter.
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