Nah.  One I sold at a loss.  One I sold with a slight loss of around $7,000 but I made $10K in rent over the period I had it.

Certainly sounds good in theory.
I took $100K with me in 2005 and purchased two places.  Like your plan, they were both had potential.  One succeeded, and one didn't.  I pretty much lost $45K on one, which was put down to poor management at the time.  

Luckily for us, since then, property management in the USA has come a long way.

They certainly…[Read more]