Thinking of Being A Landlord? Read This Tenant Horror Story

A lot of people want to become landlords - especially in this market:

1. They want to buy investment property at today's low prices and rent it out.

2. They want to buy a new home because prices are down, but they want to rent their old house and sell it when the market comes back.

Either way, you must realize that being a landlord is not a source of passive income, where you only deal with paperwork. You have to deal with real humans.

Here is a cautionary tale called "The Tenant From Hell: The Stripper With The Dirty Feet".