Many popular books on building personal wealth advocate residential real estate investments. The idea is that becoming a landlord by purchasing multiple properties and leasing them to renters creates a regular passive income over time. However, most landlords would laugh at that idea, as the job can often be the opposite of “passive.” Handling property maintenance, unexpected repairs, payment issues, and problem tenants are frequent sources of landlord headaches. However, the idea of “cash for keys” aims to simplify at least one aspect of the landlord role.

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