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Being a Landlord

I was a "live-in" landlord during my stay in Palm Coast which proved to be quite successful but my recent stint in managing and trying to be a friend to the students that lived there has been the opposite.  It was the first time that I did not make tenants sign a contract of any sort and I am paying for it.  Not dearly, but in the fact that now I will be forced to go back and forth to Daytona Beach to check up on the property and try to getting rented out as soon as possible.  I really don't have much to talk about except the fact that I learned the hard way.  Even though you want to be friends, there still has to be a line drawn in order to complete business.  Too bad.