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This question is about landlord.
It can be fairly difficult to become a landlord, depending on many factors. There are no educational requirements for becoming a landlord, and many locations do not even require permits to become a landlord. While becoming a landlord may sound extremely simple, the biggest obstacle is having a space to rent.
Depending on where you live, the cost of owning property can be extremely high and it can be difficult to find a suitable place. Once you do so, you will need to make sure the rental location is in working order and will need to fix any issues that arise.
Real estate is a cyclical profession, so there are times when being a landlord is in high demand and other times when it is less demanding. Sometimes, there may be a lot of competition when purchasing properties or attempting to find renters, which can make becoming a landlord more difficult.
If you already own property that is ready to rent, becoming a landlord might not be as difficult. From there, you simply need to check local laws and regulations to ensure that your property is in compliance, and then you can work on finding a tenant that works best for you. Make sure to create a contract that is legally binding and consider hiring a lawyer to approve it.

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