<prompt> Human: Hi rPersonalFinance,As I said, I inherited some real estate in a capital city. It is 3 houses, together it is almost 400 square meters 4300 square feet built-up area on a 2000 sq m 21000sq feet land. Estimated price is 1 milion dollars.I do not want to sell it, but I can not live there, upkeep would kill me :.Do you have any ideas how could I keep it and make living from it. sorry about my english.Assistant: Also check out rrealestate. They deal with things like this more often.The simple thing to do is to hire a management company and rent out the houses. Assuming each house is about 350,000 you might be able to rent them out for 2,500-4,000 a month though that is highly dependent on what the rental market looks like in that city.The management company would take something like 5-10. Youd then apply the rest to mortgagetaxesinsurance, save some amount for future repairs and renovations, and pocket the rest. Human: The problem is that it is not in fully rentable condition. It would require reconstruction and I dont have money for it. :  <response>: Then take out a loan against the property, make it fully rentable, and then start renting it out. 