Being a Landlord

Just visited the openhouse at 242 Washington.

http://www.corcoran.com/property/listing.aspx?Region=NYC&ListingID=1163417

The owner’s duplex is very nice, though we were not able to see the rentals. Our plan would be to rent out the rental units for a couple years before taking over and expanding the owner’s duplex to a triplex or quad. My worry is becoming a landlord and having to be resposible for three units. Does anyone here have advice or experience on being a resident landlord? Is it worth it or should we just keep looking for a house that is already configured as a two family?

Thanks in advance!

bklynrosie

By bklynrosie |