Anyone own a rental property?

I bought another home and rented my old one. I found that a bad renter with good references can cost you thousands even after a year of renting and paying on time. You will have court costs unpaid rent for months and thousands in damage after they are thrown out. I have had a good renter for the last few months but that dont make up for the loses incured from the last tenent. If yoy have a mortgage and are not down to the last few years it can be a nightmare. Remember if the furnace goes out you will need to fix it fast and have the funding just in case it goes bad at some point.