I am a landlord by necessity not choice. I moved for work and could not sell my house without taking a huge hit ( thank you economy) so now i rent it. Im not in it for investing but i can tell you finding good renters is key. I have yet to do that. No matter how hard i screen people i seem to get the dregs of society. You should have seen my house after the last people moved out. They smashed windows, ripped the banister off the wall, ripped the control panel for the sprinkler system out, and broke all of the shelves in a brand new fridge. Just to name a few things.This was a family mind you, a mother and two 10 year old kids. If you dont mind dealing with people im sure theres plenty of money be made. As far as im concerned once i can break even im selling the house and i will never rent out property again.