something for me. I prefer not dealing with repairs, etc with my own house - let alone having to do that for multiple properties. Yeah, I know you can turn most of that over to a property management firm, but then you are paying out a percentage to others. Plus over time the updates needed for homes can be a big money sink. We have lived in our home for 37+ years. The home itself is about 50 years old. We did a remodel 25 years ago and now it's time for another. In the last 3-4 years we will have done the following on just this one home:
- Fix the septic system
- Professionally landscaped the front and back
- Added a gazebo in the back
- New fence
- New roof
- New furnace
- Added AC to our home for the first time
- Had to replace the electrical panel due to adding AC
- Now we are remodelling most of the inside of the house (living room, dining room, kitchen, both bathrooms, etc)

All of these are huge money sinks. Granted, since this is our home/primary residence we are putting more into this than we would a rental property.

For me - in my retirement I don't want the stress and bother of dealing with ongoing issues. For me personally - I have made a conscious decision to have my retirement based on pension, 401ks, Roth IRAs, Social Security, and some savings. It is much less confusing and stressful to just deal with monthly inflows/outflows from those accounts.

This is just my take - and I readily recognize that I know some folks that have done really well with owning multiple rental properties - but it's not for me.

I prefer passive investing. Here's one place that I would recommend for those wanting to get into passive investing (Index stocks, etc.):