That’s the big one right there!
As a mariner I realized rental property wasn’t for me because I had to contract a lot of the work out. I needed a property manager because I’m gone all the time. If a tenant moved away and I’m not there to find a new one I’m loosing money. If a room needed to be painted between tenants the property manager would hire someone. If something simple like a garbage disposal needed replaced the property manager would hire someone to do it.
I could do all these things for free if I was around to do them. But I’m not around so the profits go to someone else.
I still have property but I’m not buying any new ones. My property manager and her handyman must love me.