> If monthly profit on each of those 30 condos/homes can average $200 per month, that's $6,000 per month right there. I assume your calculations include a full

> If monthly profit on each of those 30 condos/homes can average $200 per month, that's $6,000 per month right there. I assume your calculations include a full-on property manager? I have a single unit (wife's pre-marriage condo we held onto) and even that is a minor job sometimes at the most inconvenient times possible. A kitchen sink doesn't care that it's 10pm on a Sunday night before a huge early Monday presentation. It's gotta be fixed now. 30 units would be full-on full time 40hr/week job while also hiring a part time assistant for larger jobs. If you have 30 units, I guarantee that 3 major things will break simultaneously during a holiday weekend - it's just the way the business goes. 33% down here won't get you into profitable territory with a property manager taking their cut. Certainly there are areas of the country where this is very possible, and if you put a little effort up-front you can make it a quite sustainable business - especially if you can get to the point you can hire a full time (cheap) property manager/handyman and you simply run the books. Just want to reiterate to those reading this that what is described is essentially a second career. Certainly not passive income in any sense of the term. You would be trading your tech career in for that of a landlord which indeed is actual non-trivial amounts of labor. That doesn't even get into risk. I'm renting in a city with evictions paused but no mortgage relief to be seen for my profile. I'm fine, but if had been just starting out in my landlording adventure I might be close to bankruptcy. Can you survive a year or two with 50% or less income? This can and will happen in the form of either vacancies/non-pay, or major unexpected structural repairs. I'm actually considering picking up a few more units in the neighborhood simply to have a diverse income stream for when I do decide to step back some and "retire" to an easier/part time job in my chosen field. But, I do this knowing I'm also lining up "things to keep me busy" at the same time.