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@DoubleDee wrote:

I'm not sure you can generalize like that because everyone's situation is different.


I agree. Nevertheless, some people tend to make sweeping and broad generalizations based solely upon their own experience (which typically results in misinformation being disseminated).

 

The statistics show that roughly (very roughly) 50% of long-term rental properties in the U.S. show losses (i.e., far from the norm).