This one’s for all of you out there who are thinking about renting out an investment property.  Yes indeed, there are plenty of great benefits from this type of real estate investment – great profit potential, building equity, automatic income, and the list goes on.

But don’t be fooled, owning rental properties can also be quite a chore from time to time, especially if you choose to be your own landlord instead of paying a property manager to take care of the grunt work.  Unfortunately, sometimes the nightmare of bad tenants happens to even the most savvy rental property owners.

Like this:

How about this one?

And here’s what happens when you rent to friends…

So is it all really worth it?  I’ll still say yes.  But just remember… Screen, screen, screen potential tenants!

Most of the time, there’s way more upside potential to rental property investing than there are problems.