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My Father-in-law has been a 'slum lord' for a long time. He has had to deal with a lot of headaches over the years with renters that fail to pay, get way behind, are wacko, etc. I have had to escort him a couple of times to evict tenants who were not vacating properly. However, most of the time they leave quietly once threatened with eviction. Even though it is a headache, the profit and equity you're building on the properties can be a good payoff it you can do like tiger1873 does and do your own repairs. FIL is a builder, so he can do it all and that saves a ton of money.