Passive income: YES
Earning passive income from renting a home is possible but often requires significant initial effort and investment. To achieve passivity, one needs to set up systems like property management services, automated payment systems, and maintenance outsourcing. However, most people don't reach full passivity due to ongoing management needs and unexpected issues. While some landlords achieve this level, they are often experienced or have multiple properties. Many beginners underestimate the time and effort required, believing it to be more passive than it is. Myths include the idea that rental income is entirely hands-off, which is rarely the case without substantial setup and scale.
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